Tuesday, 20 May 2025
12 hours ago
MVP and Consunji-backed Maynilad eyes P150-B valuation in Philippines’ biggest water IPO
By: Miguel R. Camus
Maynilad Water Services is moving forward with a landmark initial public offering (IPO) in July, which will create the country’s largest listed water utility with a potential market value of about P150 billion, nearly twice the size of Enrique Razon Jr.’s Manila Water.
28 Nov 2024
5:22PM
Razon’s Manila Water signs ₱10-B loan deal with Chinabank
Tycoon Enrique Razon Jr.’s Manila Water Co. Inc. secured a ₱10 billion, 10-year term loan facility from China Banking Corp. to fund its ongoing capital expenditure projects.
18 Sep 2024
3:56PM
Lucio Tan’s aviation services firm sees big opportunity in water
Taipan Lucio Tan’s MacroAsia Corp., through its 60 percent-owned subsidiary Summa Water Resources Inc., is ramping up expansion water services.
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