Manuel V. Pangilinan-led First Pacific Co. Ltd. is directly investing ₱726.29 million in Maynilad Water Services Inc. through its ₱49 billion initial public offering (IPO) to offset a small portion of the dilution in the stake of subsidiary Metro Pacific Investments Corp. (MPIC). In a...
While still ironing out some kinks, Maynilad Water Services Inc. is committed to launching its initial public offering (IPO), estimated at $1 billion, within 2025, and will file its application with regulators by the first quarter. “Yes, we are poised to list next year. Our target is to be...
President Marcos expressed hopes that the Philippines and a Japanese trading conglomerate can collaborate more in terms of the country's development agenda. President Ferdinand 'Bongbong' Marcos Jr. welcomes Marubeni Corporation President and CEO Masumi Kakinoki at the Malacañan Palace on Sept 17,...
The Department of Trade and Industry (DTI) said it is committed to attract foreign investment and fostering a conducive business environment, particularly for "new generation" industries. Acting Secretary Cristina A. Roque met with representatives from Marubeni Corp. on September 12 to...
DMCI Homes, the residential property development unit of DMCI Holdings Inc., reported that its joint venture with Marubeni Corporation generated P4 billion in reservation sales in just six months of operation. From its January 2024 launch until June this year, 343, or 29 percent of the 1,191...
Maynilad Water Services, Inc., a subsidiary of Metro Pacific Investments Corporation (MPIC), in partnership with DMCI Holdings and Marubeni Corporation, is planning to issue bonds worth up to P15 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue...
Quadruple A developer DMCI Homes and Japanese trading conglomerate Marubeni Corporation are teaming up to build a residential condominium along C5 E. Rodriguez Jr. Avenue in Pasig City. In a statement, DMCI Homes said the two firms have signed a memorandum of understanding (MOU) for a strategic...
TOKYO, Japan - Marubeni Corporation, one of Japan’s largest diversified trading conglomerates or sogo shosha, remains committed to Maynilad Water Services Inc. and will not exit from the company when it undertakes its planned $1-billion initial public offering (IPO). This assurance was made by...
IWI Container Terminal Holdings, Inc. (IWICTHI), a wholly owned subsidiary of ICTSI, disclosed to the Philippine Stock Exchange that it acquired Murubeni Corporation’s 20 percent share in Bauan International Port Inc. (BIPI) for P507.407 million. The company entered into a Share Purchase...
