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MVP unit in P6.8B Coastal Road deal

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This photo taken on Nov. 6, 2012, shows a portion of the Coastal Road being widened and improved. Businessman Manuel V. Pangilinan is set to make a significant improvement in the holding firm that owns the Coastal Road, a move that may give him control of the toll highway. RICK ALBERTO

Businessman Manuel V. Pangilinan is set to make a significant investment in the holding firm that owns the Coastal Road project connecting Metro Manila with the province of Cavite—a move that may eventually give the telecommunications tycoon control of the toll highway.

Posted: December 21st, 2012 in Editor's Pick,Headlines | Read More »

MVP group asked to invest in Coastal Road project

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The group of Manuel V. Pangilinan may make another bid for a controlling stake in the Manila-Cavite Toll Expressway Project, or the Coastal Road, that links Metro Manila to the Cavite Province.

Posted: March 19th, 2012 in Headlines | Read More »

Tollway operator offering to buy back bonds

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The operator of the Manila Cavite Toll Expressway Project, or Coastal Road, has offered to buy back its “junk” bonds held by foreign and local investors, which were issued to fund the construction of the toll road extension to Kawit, Cavite. In a statement, Manila Cavite Toll Road Finance Co. said its affiliate, Cavitex Finance [...]

Posted: March 8th, 2012 in Headlines | Read More »

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