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...
Pangilinan-led Metro Pacific Investments Corporation (MPIC) reported a 28 percent growth in consolidated core net income, hitting a record P20.8 billion in the first nine months of 2024, from P16.2 billion in the same period last year. In a statement, the firm said improved financial and operating...
Pangilinan-led conglomerate Metro Pacific Investments Corporation (MPIC) is selling its 50 percent stake in Philippine Coastal Storage & Pipeline Corporation (PCSPC) for about $255 million (P14.55 billion). In a statement, MPIC said it has entered into a definitive agreement to sell its stake...
Metro Pacific Investments Corporation’s digital healthcare platform, mWell, reported that it has integrated Physiare Physical Therapy Center’s cutting-edge physical therapy offerings in the mWell HealthHub. In a statement, mWell said this collaboration provides users with seamless access...
PLDT Inc., Manila Electric Company (Meralco), and Metro Pacific Investments Corporation are infusing a total of P570 million into DigiCo which is investing the same amount for a stake in Bayad Center and Multipay Corporation. In disclosures to the Philippine Stock Exchange (PSE), PLDT, Meralco, and...
Metro Pacific Health Corporation (MPH), the leading private hospital group in the country, has acquired a majority stake in San Francisco Doctors Hospital (SFDH) in Agusan del Sur. The investment,. made with subsidiary Santos Clinic, Inc. (SCI) which owns and operates Manuel J. Santos Hospital...
Metro Pacific Water Solutions (MPWS), a unit of Metro Pacific Investments Corporation, sees strong potential for growth in the wastewater management business as it has currently tapped less than 10 percent of the market. MPWS President and CEO Christopher Andrew B. Pangilinan said in an interview...
Metro Pacific Agro Ventures, a unit of Metro Pacific Investments Corporation, is aiming to generate annual revenues of P1 billion in two years with a medium term target of raising this to P20 billion as it continues to look for new products to add to its portfolio. In an interview, MPAV President...
Metro Pacific Agro Ventures (MPAV), a unit of conglomerate Metro Pacific Investments Corporation, is considering the chicken egg and carabao milk businesses while continuing to ramp up its dairy and vegetable capacities. In an interview, MPAV President Juan Victor Hernandez said their core strategy...
Metro Pacific Investments Corporation (MPIC), now a privately-held conglomerate controlled by tycoon Manuel V. Pangilinan, expects 2024 to be a banner year and sees the company continuing to post all-time high profits in the coming years. In a press briefing, MPIC Chief Finance Officer...
DigiCo, a digital entity owned by businesses led by Manuel V. Pangilinan or the MVP Group, has sealed separate agreements to acquire a 10 percent interest in Bayad Center and 100 percent of Multipay Corporation for a yet undisclosed amount. "Having both online and offline solutions, Bayad and...
PLDT Inc. (PLDT) and Smart Communications, Inc. (Smart) Chairman and CEO Manuel V. Pangilinan plans to grow the business beyond telecommunications by tapping into the strengths of the whole MVP Group through DigiCo. During the recently held PLDT annual shareholders’ meeting, Pangilinan introduced...
