The sale was made through Manila Water (Thailand) Co. Ltd., which sold 311,443,190 ordinary shares representing 18.72 percent of East Water to investor Bhavin Kunaderekwoong.
East Water operates water distribution pipeline systems across Thailand.
“The divestment is consistent with MWC’s core strategy, which prioritizes operational control and long-term value creation. Divesting this non-core holding enables MWC to reallocate capital and management bandwidth towards other strategic assets and initiatives,” the company said in a stock exchange filing on Friday.
Manila Water operates the east zone water concession in Metro Manila. This latest deal was approved by the board and executed on Sept. 5, 2025.
—Edited by Miguel R. Camus
