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First Pacific group allots P81B capex

Manuel V. Pangilinan: Service quality and operational efficiency. FILE PHOTO

The First Pacific group led by businessman Manuel V. Pangilinan has earmarked about P81 billion in fresh capital outlay this year to grow its Philippine infrastructure, telecom and mining businesses.

Posted: March 20th, 2014 in Latest Business Stories | Read More »

Metro Pacific seen adding 8th hospital to portfolio

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Infrastructure holding firm Metro Pacific Investments Corp. seeks to add an eighth hospital to its growing healthcare portfolio with the prospective acquisition of the 200-bed Central Luzon Doctors Hospital (CLDH) in Tarlac City.

Posted: March 11th, 2013 in Headlines | Read More »

MPIC raises P6.2B for projects

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Pangilinan-led Metro Pacific Investments Corp. (MPIC) has raised P6.2 billion through the issuance of new shares via equity placement, as it pursues government public-private partnership (PPP) projects in various industries.

Posted: January 23rd, 2013 in Headlines | Read More »

MVP eyes foreign partner in Mactan-Cebu bid

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Businessman Manuel V. Pangilinan: Looking for foreign partner

Businessman Manuel V. Pangilinan’s Metro Pacific Investments Corp. (MPIC) is forming a joint venture with a foreign partner to make a strong bid for the Mactan-Cebu international airport project, one of the biggest infrastructure contracts being bid out by the Aquino administration this year.

Posted: January 16th, 2013 in Editor's Pick,Headlines | Read More »

SMC, MPIC clash on road projects

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The San Miguel and Metro Pacific groups have struck a compromise on the P7-billion, five-kilometer common alignment for their respective North Luzon-South Luzon Expressway connector road projects, according to Inquirer sources.

Conglomerates Metro Pacific Investments Corp. (MPIC) and San Miguel Corp. are on a collision course again over differing proposals on how to fund and build the shared portion of two north-to-south connector roads.

Posted: November 26th, 2012 in Editor's Pick,Headlines | Read More »

MPIC raises ’12 profit goal

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Infrastructure holding firm Metro Pacific Investments Corp. has upgraded its core net profit guidance for the year to P6.3 billion from P6 billion to factor in strong first-semester results.

Posted: August 9th, 2012 in Headlines | Read More »

MVP unit to assert right over MRT 3 deal

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Metro Pacific Investments Corp. (MPIC), led by businessman Manuel V. Pangilinan, is asserting its right as owner of the company that signed the build-lease-transfer (BLT) contract for the Metro Rail Transit (MRT) Line 3.

Posted: January 25th, 2012 in Editor's Pick,Headlines | Read More »

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