Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025
Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»
Maynilad replaces 143 km of old pipes in 2023
West Zone concessionaire Maynilad Water Services Inc. (Maynilad) completed in 2023 the replacement of 143 kilometers of old, leaky pipes, thus improving water pressure and service reliability for its customers......»»
Citicore Renewable Energy IPO scheduled for May 31
Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»
Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO
Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»
SM Prime rethinking 2024 SM REIT listing plans
Property developer SM Prime added to concerns that it might delay the IPO of its monster $1 billion REIT when one of its directors, Hans Sy, said that the company’s cashflow is “very strong”, and that while he’s “not ruling [an SM REIT IPO] out this year”, he doesn’t yet see a “purpose” to “immediately go into an IPO”......»»
Megawide unit mulls going public in 2025
Real estate firm PH1 World Developers Inc. is considering an initial public offering as early as 2025......»»
Maynilad nears maiden P15 billion blue bond issue
Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»
Maynilad plugs pipe leaks in Sampaloc
West zone concessionaire Maynilad Water Services Inc. has spent P208 million to replace nearly one kilometer of “old and leaky” primary lines in Manila, recovering three million liters per day of potable water......»»
Maynilad pipelines P4 billion for upgrade of 22 pumping stations, reservoirs
Maynilad Water Services will spend about P4 billion to rehabilitate 22 pumping stations and reservoirs to boost the water supply and pressure in the West Zone concession area......»»
Maynilad spending P30 billion for service improvements
West Zone concessionaire Maynilad Water Services Inc. is setting aside as much as P30 billion for capital expenditures (capex) this year to continue service improvements amid the ongoing threat of the El Niño weather phenomenon......»»
Maynilad pouring in P2.7 billion for water loss reduction plan
Maynilad Water Services Inc. will spend P2.7 billion until 2027 to reduce water losses by replacing its aging pipe network and stifling the rampant illegal connecti.....»»
Maynilad sets water interruption in Parañaque, Las Piñas
Some areas in Parañaque and Las Piñas will be experiencing water service interruption beginning 8 p.m. tonight until 6 a.m. tomorrow, according to Maynilad Water Services Inc......»»
Biosolids in Maynilad septage to be converted into bio-bricks
West Zone concessionaire Maynilad Water Services Inc. will convert biosolids produced from the septage treatment process into bio-bricks as part of its environment and sustainability efforts......»»
Carla Abellana inokray sa for sale na pre-loved item, dugyot daw?
UMANI ng iba’t-ibang reaksyon mula sa madlang pipol ang mga ibinibentang pre-loved items ng Kapuso actress na si Carla Abellana. Matatandaang kamakailan lang nang ibandera ng aktres sa madlang pipol ang Instagram page kung saan magpo-post siya ng kanyang mga ibebentang gamit na may mga brand new at pre-loved items na kanyang pag-aari. Kaya naman.....»»
Palarong Pambansa 2024: DepEd removes pre-qualifying tournament
CEBU CITY, Philippines — Department of Education (DepEd) Assistant Secretary for Field Operations, Dr. Francis Cesar Bringas, has officially announced that the Pre-Qualifying Tournament of the Palarong Pambansa was only a one-time event. Bringas said the holding of the Pre-Qualifying Tournament will no longer be included in this year’s Palaro that will be held in.....»»
Lady Bulldogs hungrier in 2nd round, says Bella Belen
Expect a more determined National University Lady Bulldogs as the second round goes on in the UAAP Season 86 women’s volleyball tournament, as they attempt to put their two first round losses behind them......»»
Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
CREC likely to move IPO to Q2
The planned initial public offering of Citicore Renewable Energy Corp., potentially the first IPO of 2024, may be moved to the second quarter of the year in line with the expected lowering of interest rates by then......»»
OceanaGold files for Philippine unit’s IPO
Australian-Canadian firm OceanaGold Corp. has filed for an initial public offering (IPO) of up to P7.9 billion for its Philippine subsidiary in compliance with the conditions of its renewed mining contract......»»
11,300 cops deployed for Holy Week, summer
The National Capital Region Police Office (NCRPO) would deploy over 11,300 police officers in Metro Manila as early as March 25 to ensure public safety during the Holy Week and the rest of summer, an official said yesterday......»»