Manila Water

Manila Water Unit Completes Plant Four Years Early, Times Says

A Manila Water Co. unit completed a sewage-treatment plant upgrade on Boracay Island four years ahead of schedule to ensure wastewater service for the tourist area, the Manila Times said, citing company officials.

Manila Water’s Asia Expansion to Increase Profit, President Says

Manila Water Co. Inc.’s new ventures may make up about a third of profit by 2018 as the Ayala Corp. unit expands outside the Philippine capital to Vietnam and Indonesia.

Manila Water Supplies Sufficient Even With El Nino, Mirror Says

Manila’s 12 million residents, farms and businesses will have enough water even with El Nino, the season of drought the country experiences each year, the Business Mirror reported, citing two water providers and an interview with the National Water Resources Board.

Manila Water Rises to Record Ahead of Release of 2012 Earnings

Manila Water Co., which provides water to half of the Philippine capital, rose to the highest since the stock begin trading almost eight years ahead of the release of 2012 earnings.

Metro Pacific Rises After Acquiring Stake in Manila Water Group

Metro Pacific Investments Co. reached its highest since September 2009 in Philippine trading after agreeing to acquire a 39 percent stake in Manila Water Consortium Inc., which runs a Cebu province water venture.

Manila Water 2012 Net Income Rises 28% as Billed Volume Climbs

Manila Water Co., the Philippines’ largest publicly traded water provider, reported profit rose 28 percent last year to 5.44 billion pesos ($133 million), buoyed by higher billing volumes in the capital’s East Zone.

Manila Water Acquires Suez’s 51% Stake in PAM Lyonnaise

Manila Water Co. agreed to acquire Suez Environnement Co.’s 51 percent stake in PT PAM Lyonnaise Jaya, which holds the concession contract for western Jakarta.

Manila Water Shares Close at Record High on Cebu Supply Contract

Manila Water Co. shares closed at a 7 1/2-year high after the company and Metro Pacific Water Investments Corp., which has a stake in Maynilad Water Services Inc., formed a partnership for a water venture in Cebu.

Ayala’s Zobel Eyes Regional Deals to Spur Growth: Southeast Asia

Ayala Corp., the largest builder in the Philippines, plans to expand further in Southeast Asia after winning water deals in Vietnam and Indonesia, Chairman Jaime Augusto Zobel de Ayala said.

Manila Water Acquires 47% Stake in Vietnamese Water Distributor

Manila Water Co., which supplies water to half of the Philippine capital, said it acquired a 47 percent stake in a Vietnamese water distributor through its Singapore unit to expand in Vietnam. Terms weren’t disclosed.

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