Intentar ORO - Gratis
Maynilad defers ₱46B IPO amid geopolitical tensions
Manila Bulletin
|June 24 2025
West Zone concessionaire Maynilad Water Services, Inc. has decided to postpone its P45.8 billion initial public offering to “no later than October 2025” in the hope that potential strategic cornerstone investors will soon decide to buy into the company.
In a statement on Sunday, June 22, the water utility said it has updated its IPO timetable “in response to robust potential demand from strategic cornerstone investors.”
“These investors have conveyed strong and sustained interest in participating in the offering, but requested additional time to complete their internal approval processes,” it added.
Maynilad’s decision comes after the United States bombed Iran’s nuclear facilities, and the escalation in the Israel-Iran conflict, with the entry of the US, is seen to send global stock markets into turmoil, while oil prices are expected to shoot up.
Esta historia es de la edición June 24 2025 de Manila Bulletin.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Manila Bulletin
Manila Bulletin
Zamora joins Mayors for Good Governance
San Juan City Mayor Francis Zamora on Friday, Oct. 10, affirmed his support for transparency and honesty in public service as he joined the Mayors for Good Governance (M4GG), a coalition of mayors and other local government officials committed to upholding the principles of good governance and serving the best interest of their constituents.
1 mins
October 12, 2025
Manila Bulletin
ICC cites VP Sara's remarks in denying FPRRD's release bid
Vice President Sara Duterte's remarks about breaking her father out of detention was one of the reasons cited by the International Criminal Court's (ICC) pretrial chamber when it denied former president Rodrigo Duterte's interim release application.
3 mins
October 12, 2025
Manila Bulletin
House realigns ₱255.528-B flood control funds in 2026 budget
The House of Representatives realigned the P255.528 billion in flood control project funds of the Department of Public Works and Highways (DPWH) to augment appropriations for three key sectors-P56.637 billion for education, P92.575 billion for health, and P53.754 billion for agriculture.
3 mins
October 12, 2025
Manila Bulletin
Kiss' Gene Simmons recovering after car crash
Kiss rock star Gene Simmons is recovering after he fainted while driving along the Pacific Coast Highway in Malibu and crashed his SUV into a parked car, authorities said.
1 min
October 12, 2025
Manila Bulletin
Celebrating Excellence: Federal Land wins big at the Dot Property Philippines Awards 2025
Federal Land, Inc., one of the country's premier real estate developers, emerged as a big winner at the Dot Property Philippines Awards 2025, bringing home eight prestigious awards across various categories.
2 mins
October 12, 2025
Manila Bulletin
No Filipinos deported from US to any third country – PH embassy
The Philippine Embassy in Washington denied reports that a Filipino was among those deported to the African kingdom of Eswatini by the United States.
1 min
October 12, 2025
Manila Bulletin
The pain of ingratitude
Although “utang na loob” is considered a Filipino value, ingratitude also runs deep in our culture. Many who sacrifice for others often feel unappreciated, overlooked, or even taken for granted.
3 mins
October 12, 2025
Manila Bulletin
Palestinians return to homes as Gaza ceasefire takes effect
Thousands of Palestinians headed back to the heavily destroyed northern Gaza Strip on Friday as a US-brokered ceasefire came into effect in a deal that raised hopes for ending the Israel-Hamas war.
2 mins
October 12, 2025
Manila Bulletin
PH co-ops fight foreign entry
The Philippine Chamber of Cooperatives, Inc. (PCCI) is opposing a congressional proposal to open the local market to foreign cooperatives, warning it could undermine domestic coops and push the sector toward a corporate model.
1 min
October 12, 2025
Manila Bulletin
Jahns, Zaragosa in ICTSI Del Monte duel
They've crossed paths at the business end of tournaments more than once, and if current form is any indication, Keanu Jahns and Rupert Zaragosa could once again find themselves battling for supremacy — this time on the tight, demanding fairways of Del Monte Golf Club.
1 min
October 12, 2025
Listen
Translate
Change font size