Denemek ALTIN - Özgür
MPIC to pursue buyout of Ayala stake in LRT-1
The Philippine Star
|February 21, 2024
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 (LRT-1) to beef up MPIC's portfolio for its eventual bid for other railways.
MPIC chairman Manuel V. Pangilinan told reporters the company is looking to acquire the Ayalas' stake in the Light Rail Manila Corp.
(LRMC) to become its majority owner with a 70.8 percent share.
LRMC operates LRT-1, one of the busiest transport options in Metro Manila that will expand to Cavite soon.
Pangilinan said MPIC's acquisition of the Ayalas' interest in LRMC would raise its railway business and fortify its bid for the concession to operate and maintain the Metro Rail Transit Line 3 (MRT-3).
Bu hikaye The Philippine Star dergisinin February 21, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Philippine Star'den DAHA FAZLA HİKAYE
The Philippine Star
ON WRITERS, ARTISTS AND MATERIALS OF COMPLICITY
Animosity peopled the air as calls for boycott of the Frankfurt Book Fair drove a wedge between local writers and publishers.
4 mins
November 03, 2025
The Philippine Star
Alas girls drop four-setter vs Japanese
The Alas Pilipinas girls team impressed by putting up a gallant stand against defending champion Japan in a 17-25, 25-21, 16-25, 20-25 loss in the Second Asian Volleyball Confederation Asian Women’s U16 Volleyball Championship on Saturday at Princess Sumaya Hall in Amman, Jordan.
1 min
November 03, 2025
The Philippine Star
Erwin Tulfo wants travel tax scrapped
Filipinos flying overseas should not pay a travel tax as it hinders their right to travel and contradicts the country's regional tourism commitments, Sen. Erwin Tulfo said.
1 min
November 03, 2025
The Philippine Star
Navigating toward a prosperous future together
The Philippines will begin its chairship of the ASEAN in January 2026. For this, the Philippines has chosen the theme “Navigating Our Future Together.” In his acceptance speech at the recently concluded 47th ASEAN Summit and Related Summits, President Ferdinand Marcos Jr. likened ASEAN to a ship setting full sail toward a shared horizon - anchored in peace, strengthened by prosperity and guided by the empowerment of its people.
3 mins
November 03, 2025
The Philippine Star
The truth is not enough
On the sidelines of the Frankfurt book fair, over many breakfasts and cups of coffee with fellow writers, the tangled web of Philippine politics inevitably came up for discussion, particularly at this juncture when it seems imperative to sort out the good from the bad (or, to account for the nuances of the moment, the better from the worse).
4 mins
November 03, 2025
The Philippine Star
Marcos
Still no funds for ICI
2 mins
November 03, 2025
The Philippine Star
Gloc-9 on writing truthful songs and staying hopeful for the country
Gloc-9 plans to release more socially relevant songs in the future, like that of Upuan, which recently resurfaced online amid public outrage over the controversy surrounding flood control projects.
2 mins
November 03, 2025
The Philippine Star
PNP: Crimes drop by 14%
The crime volume decreased by nearly 14 percent over the past two months, the Philippine National Police (PNP) reported yesterday.
1 min
November 03, 2025
The Philippine Star
Egypt officially opens grand museum near pyramids
Egypt officially opened on Saturday the Grand Egyptian Museum, a long-awaited, billion-dollar showcase of pharaonic grandeur that Cairo hopes will revive tourism and boost its battered economy.
1 min
November 03, 2025
The Philippine Star
DODGERS CLINCH WORLD SERIES IN THRILLER
The Los Angeles Dodgers conjured a stunning come-from-behind victory in extra innings to defeat the Toronto Blue Jays 5-4 and clinch back-to-back World Series on Saturday in one of the greatest Major League Baseball championship deciders in history.
1 mins
November 03, 2025
Translate
Change font size