Manila Water Receives Franchise to Provide Water Supply and Sanitation Services in San Fabian, Pangasinan

Manila Water Philippine Ventures Inc. (MWPV), a wholly-owned subsidiary of Manila Water Co. Inc. (PSE: MWC), received a Notice to Proceed from the Municipality of San Fabian, Pangasinan following the enactment by said Municipality of Ordinance No. 19, Series of 2018 or “An Ordinance Granting Manila Water Philippine Ventures Inc. a Franchise to Establish, Construct, […]
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Manila Water Appoints Cruzaba as New CFO

The Board of Directors of Manila Water Co. Inc. (PSE: MWC) approved today the appointment of Ma. Cecilia T. Cruzabra as Chief Finance Officer (CFO), Treasurer, Group Director for Corporate Finance and Strategy, and Compliance Officer effective November 1, 2018. Cruzabra will replace Luis Juan B. Oreta, who has been the company’s CFO, Treasurer, and […]
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Manila Water Inks 25-Year Lease with PEZA

Manila Water Philippine Ventures Inc. (MWPV), a wholly-owned subsidiary of Manila Water Co. Inc. (PSE: MWC), signed a 25-year lease agreement with the Philippine Economic Zone Authority (PEZA). Pursuant to the agreement, MWPV will lease, operate, and manage the water and used water facilities of PEZA in the Cavite Special Economic Zone for the provision […]
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MWC Forms JV with Calasiao Water District

Quezon City—(PHStocks)—Manila Water Co. Inc. (PSE: MWC) has signed and executed a joint venture (JV) agreement with the Calasiao Water District (CWD). The JV agreement will govern the relationship of Manila Water and CWD as JV partners in project for design, construction, rehabilitation, maintenance, operation, financing, expansion, and management of the water supply system of […]
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Manila Water Increases Stake in Saigon Water

Quezon City—(PHStocks)—Manila Water South Asia Holdings Pte Ltd (MWSAH), a wholly owned subsidiary of Manila Water Co. Inc. (PSE: MWC) in Singapore, has signed an investment agreement with Saigon Water Infrastructure Corp. (SII) for the acquisition of additional 6,146,000 primary shares of SII, which will allow MWSAH to own a total of 37.99% of the […]
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Ayala Net Income Climbs to ₱26B

Makati—(PHStocks)—Ayala Corp. (PSE: AC) reported a net income of ₱26 billion in 2016, 17 percent higher than the previous year, on the back of double-digit growth contributions from its real estate and banking units, boosted by its emerging businesses in power and industrial technologies. This positive earnings momentum was driven by the robust equity earnings […]
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Ayala Breaches Profit Target, Nets PhP22.3B in 2015

Makati—(PHStocks)—Ayala Corp.’s (PSE: AC) net income expanded 20 percent to PhP22.3 billion in 2015, beating its target a year earlier than planned. This was primarily driven by the solid performance of its real estate and telecommunications businesses and lifted by contributions from its power generation unit. Excluding capital gains primarily from the partial sale of […]
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MWC Announces New Water Tarriff Rates

Quezon City—(PHStocks)—Effective 1 January 2016, Manila Water Company Inc. (PSE: MWC) will implement the following adjustments: 1. “R” Factor of negative 2.21% as applied to the prevailing Average Basic Charge of PhP25.25 per cubic meter; 2. “C” Factor of 0.80% as applied to the prevailing Average Basic Charge of PhP25.25 per cubic meter; and, 3. […]
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