Prøve GULL - Gratis
Manila Water divests Thai stake for P1.1 B
Manila Bulletin
|September 6, 2025
R azon-led Manila Water Co., Inc. has sold its minority stake in Thai water utility firm Eastern Water Resources Development and Management Public Company Limited for P1.1 billion as it divests non-core assets where it does not exercise control.
In a disclosure to the Philippine Stock Exchange, MWC said its wholly-owned subsidiary Manila Water (Thailand) Co., Ltd. (MWTC) sold today all of its interests in East Water, which is engaged in the development and management of water distribution pipeline systems in Thailand.
The sale consists of 311.44 million East Water shares, equivalent to 18.72 percent of the issued and paid-up registered capital of the Thai utility, to Mr. Bhavin Kunader-ekwong for Thai Baht 2.00 per share or a total of 622.9 million Baht.
Denne historien er fra September 6, 2025-utgaven av Manila Bulletin.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Manila Bulletin
Manila Bulletin
PNP notes peaceful, orderly observance of 'Undas'
The observance of \"Undas\" has, so far, been “peaceful and orderly” despite the anticipated massive travel surge, the Philippine National Police (PNP) reported on All Saints' Day on Saturday, Nov. 1.
4 mins
November 2, 2025
Manila Bulletin
APEC leaders launch 'AI for All' initiative
Gyeongju Declaration embodies region's shared goal of using technology to create opportunities for every citizen
4 mins
November 2, 2025
Manila Bulletin
When teenage mood swings signal more
How to distinguish typical adolescent changes from serious mental health concerns
2 mins
November 2, 2025
Manila Bulletin
'Unli' growth: Mang Inasal's strategist for the next generation
If you've spent any time in the Philippines, you know Mang Inasal isn't just a fast-food restaurant, it's a cultural fixture and the go-to spot for Filipinos craving that signature combination of smoky, sweet, and savory grilled chicken and unlimited rice.
3 mins
November 2, 2025
Manila Bulletin
Craft with purpose, create with heart
Patis Tesoro partners with Zonta Club of Alabang for Filipiniana is Forever' benefit show
3 mins
November 2, 2025
Manila Bulletin
PBBM secures major Korean investments
President Marcos secured major investment, defense, and energy commitments from top South Korean firms and pushed for a landmark trade agreement with Chile as he advanced the Philippines’ strategic priorities during the 2025 Asia-Pacific Economic Cooperation Economic Leaders’ Meeting (AELM) in Gyeongju, South Korea.
3 mins
November 2, 2025
Manila Bulletin
'Paint' the dead
Junyee's first brush with art began inside a morgue, long before he became the Father of Philippine Installation Art
7 mins
November 2, 2025
Manila Bulletin
TD Tino to enter PAR on Nov. 2-PAGASA
The low-pressure area (LPA) monitored east of Northeastern Mindanao has intensified into a tropical depression, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) announced on Saturday, November 1.
1 mins
November 2, 2025
Manila Bulletin
Dodgers force Game 7
A new-look lineup for the Los Angeles Dodgers only produced four hits in Game 6, but three of them came in a three-run rally off Blue Jays starter Kevin Gausman.
1 min
November 2, 2025
Manila Bulletin
An immersive experience in Japanese-inspired living
The new sales pavilion features the lifestyle promised by The Observatory
2 mins
November 2, 2025
Listen
Translate
Change font size