INQUIRER.net: Manila Water expands Vietnam presence

INQUIRER.net Philippine News for Filipinos

Build - Release - Deploy Automate your build process. Integrates with 50+ Dev tools. From our sponsors

Manila Water expands Vietnam presence Oct 9th 2013, 00:04 MANILA, Philippines—The Ayala group has expanded its presence in Vietnam with the closing of a deal to acquire a 31.47-percent interest in a water infrastructure company based in Ho Chi Minh City.   Manila Water Company Inc. said Tuesday its Singapore-based subsidiary, Manila Water South Asia Holdings Pte. Ltd. (MWSAH), has completed the acquisition of 18.37 million shares in Sai Gon Water Infrastructure Corp.   Manila Water said MWSAH subscribed to Saigon Water shares at 16,900 Vietnamese dong per share.   Based on Tuesday's exchange rate, a share cost some P34.18 and places the deal at a total of about P627.9 million.   Sai Gon Water has ... Keep on reading: Manila Water expands Vietnam presence Media files: manila-water-298x224.jpg (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions