Infrastructure giant Metro Pacific Investments Corp. (MPIC) closed its seventh hospital deal Tuesday, acquiring a 51-percent stake in the 150-bed De Los Santos Medical Center in Quezon City, a stock exchange filing showed.
Metro Pacific Investments Corp. (MPIC), a listed infrastructure company led by businessman Manuel V. Pangilinan, is planning to close additional hospital deals in Metro Manila and Central Luzon over the next few months.
Infrastructure holding firm Metro Pacific Investments Inc. grew its first quarter net profit by 13 percent year-on-year to P1.8 billion on higher earnings across its power distribution, water, tollways and hospital businesses.
Infrastructure holding firm Metro Pacific Investments Corp. has built up a war chest of P25 billion, which it is raring to invest in new acquisitions and the expansion of existing projects.
The consortium of Metro Pacific Investment Corp. and DMCI Holdings Inc. wants to bring into the fold Japanese trading giant Marubeni as a strategic partner in Maynilad Water Services Inc.
Conglomerate San Miguel Corp. (SMC) has submitted a proposal to take over and expand the operations of the aging and congested Metro Rail Transit (MRT) on Epifanio de los Santos Avenue (EDSA).
Businessman Manuel V. Pangilinan said he was still willing to support the government’s infrastructure program despite delays in the implementation of several projects that his group was interested in.
Infrastructure holding firm Metro Pacific Investments Corp. expanded its net profit in the first nine months by 33 percent year on year to P3.44 billion on higher profit contribution from its water distribution, power generation and hospital units.
The expansion and improvement of services at the Metro Rail Transit (MRT) may happen sooner than expected with the government’s renewed interest in a proposal by the Manuel V. Pangilinan group to take complete control of the system.
Two major potential bidders for the joint Light Rail Transit (LRT) and Metro Rail Transit (MRT) operations contract are currently searching for foreign partners that can give them the technical expertise to operate the commuter train lines. San Miguel Corp. president and chief operating officer Ramon S. Ang on Monday said the company was in [...]
