Power and water utilities propelled a 17 percent growth in Metro Pacific Investments Corporation’s first quarter core net income to ₱6.6 billion in 2025 from ₱5.6 billion in 2024. The firm said that, “Improved financial and operational performance across MPIC’s portfolio led to a...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has announced that its new water facility, poised to boost water service in Pasay City, is nearing completion. In a statement released today, Friday, April 25, Maynilad said that its ₱700 million new water treatment plant (WTP) is...
Maynilad Water Services Inc., which is planning a ₱49-billion initial public offering (IPO), is estimated to be worth at least ₱94.29 billion and as much as ₱175.98 billion—translating to a share price of ₱12.70 to ₱23.70 per share. In a company primer, Unicapital Securities Inc....
Signing ceremony at the SBMA Corporate Boardroom on March 20, 2025. From left to right: Olongapo City Mayor Rolen Paulino Jr., SBMA Chairman and Administrator Eduardo Jose L. Aliño, Subicwater Chairman Apollo C. Tiglao, and Subicwater CEO Benjamin E. Antonio III Subic Water and...
Water concessionaires Maynilad and Manila Water have issued their respective water interruption advisories for their customers in Metro Manila for the Holy Week. Maynilad said Barangays Gulod, Sta. Monica, and Siena in Quezon City will experience service interruptions starting 10 p.m. on Monday,...
DMCI Holdings Executive Vice President and Chief Finance Officer Herbert Consunji Consunji-led DMCI Holdings Inc. is allotting about ₱70 billion for capital expenditures (capex) this year—including investments of affiliate Maynilad Water Services Inc., making its budget 45 percent more...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) is offering septic tank cleaning services to its residential and semi-business customers this March in select parts of Caloocan, Las Piñas, Parañaque, Quezon City, and Cavite Province at no extra cost. Maynilad’s...
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...
Maynilad President and CEO Ramoncito Fernandez Maynilad Water Services Inc. has firmed up plans for its initial public offering, targeting to raise up to ₱49.15 billion around the third quarter of this year, as further delays could limit its options. In a disclosure, the firm said its board of...
West Zone concessionaire Maynilad Water Services Inc. (Maynilad) announced that it has increased its water production capacity in 2024, driven by sufficient supply from Angat Dam. In a statement on Saturday, March 15, Maynilad said it last year recorded 315 million liters per day (MLD) of...
West zone concessionaire Maynilad Water Services, Inc. invested nearly ₱26 billion in capital expenditure (capex) last year to improve water and wastewater services in its service area. In a statement on Tuesday, March 11, Maynilad reported spending ₱25.75 billion on capex projects...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has made history as the first water utility in the Philippines to have its laboratory, WaterLab, earn the My Green LabCertification—the globally recognized gold standard for sustainable laboratory practices. Recognized by the...
