Sumitomo Acquires 34.9% Stake in MPIC Subsidiary with LRT-1 Concession
Metro Pacific Investments Corp. (MPIC, PSE: MPI) has announced that Sumitomo Corp. of Japan has acquired a 34.9% stake in
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MPIC
Metro Pacific Posts PhP15B Core Net Income in 2018
Metro Pacific Investments Corp. (MPIC) (PSE: MPI) has reported a 7% rise in consolidated core net income to PhP15.1 billion
Read MoreMetro Pacific Investments Inks PhP19B Omnibus Loan Agreement for CCLEC
Cebu Cordova Link Expressway Corp. (CCLEC), an indirect subsidiary of Metro Pacific Investments Corp. (MPIC, PSE: MPI), signed an omnibus
Read MoreSingapore High Court Upholds Arbitral Award in Favor of Maynilad
Maynilad Water Services Inc.’s Singapore-based counsel formally confirmed yesterday afternoon that the decision of the Singapore High Court, (orally) issued
Read MoreNAIA Consortium Granted Original Proponent Status
The Department of Transportation (DOTr) and the Manila International Airport Authority (MIAA) have granted to the “NAIA Consortium”—composed of Aboitiz
Read MoreMPIC Inks Syndicated Term Loan Facility
On 11 January 2018, Metro Pacific Investments Corp. (MPIC, PSE: MPI) signed a PhP8 billion 10-year and 15-year syndicated term
Read MoreNLEX Earmarks PhP19B Capex to Help Improve Metro Manila Traffic
The NLEX Corp. is setting aside around PhP19 billion in 2018 to help solve Metro Manila’s daily traffic bottlenecks. This
Read MorePLDT Sells Stocks in Beacon Electric Asset to MPIC
Makati—(PHStocks)—PLDT Communications and Energy Ventures (PCEV), a 99.9% subsidiary of Smart Communications Inc.—which is a wholly owned subsidiary of PLDT Inc.
Read MoreMPIC Ups Stake in MERALCO and Global Power
Manila—(PHStocks)—Metro Pacific Investments Corp. (MPIC, PSE: MPI) and PLDT Communications and Energy Ventures (PCEV), a 99.9% subsidiary of Smart Communications
Read MoreACR and GBP Enter Partnership in Power Holding Company in Mindanao
Makati—(PHStocks)—Alsons Consolidated Resources Inc. (PSE: ACR), the publicly-listed company of the Alcantara Group and Mindanao’s first and most experienced independent
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