HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
The debate continues on the extent of the damage the flood control mess has inflicted on the market value of listed companies, with estimates of the loss ranging from a low of ₱185 billion to a high of ₱5 trillion. Admittedly, regardless of the exact figure, the anomalies plaguing the...
PrimeWater Infrastructure Corporation and Bacolod City Water District (BACIWA) are pumping up Bacolod’s water supply with the recent activation of the Matab-ang Water Treatment Plant (WTP) in Barangay Granada, which is expected to scale output to six million liters per day (MLD) within the year....
PrimeWater Infrastructure Corp. announced that the company is nearing the completion of its transmission line extension project in San Jose del Monte (SJDM), Bulacan, by the end of June. In a statement over the weekend, PrimeWater noted that the Transmission Line Extension Project from Barangay...