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METRO PACIFIC Investments Corp. (MPIC) was among the most active stocks last week as investors reacted following news of its acquisition of a petroleum products terminal and the suspension of its toll operations’ business permit.
METRO PACIFIC Investments Corp. (MPIC) has partnered with Keppel Infrastructure Trust (KIT), a business trust listed in Singapore, to acquire a company that operates the “largest” petroleum products import terminal in the Philippines, the former announced on Wednesday.
THE TOLLWAY units of San Miguel Corp. (SMC) and Metro Pacific Investments Corp. (MPIC) will soon begin to test the interoperability of their cashless payment systems, the Transportation department said on Monday.
DAVID J. NICOL, chief financial officer of Metro Pacific Investments Corp. (MPIC), is leaving his post by the end of the month.
METRO PACIFIC Investments Corp. (MPIC) anticipates its full-year core net income to end at a little over P10 billion, down from its P15.6-billion finish last year, as recovery from the coronavirus pandemic is seen to take until 2022 to go back to 2019 levels.
METRO PACIFIC Investments Corp. (MPIC) reported a 63% earnings cut in the six months to June as measures to contain the coronavirus outbreak hit the demand and operations of all its business segments.
METRO Pacific Tollways Corp. (MPTC) had submitted a proposed roadmap to the Transportation department for the full execution of cashless payment on all its toll roads.
A waste-to-energy project by a unit of Metro Pacific Investment Corp. (MPIC) with Dole Philippines, Inc. received the first tranche of subsidy, which is up to 50% of its qualified capital cost, from the Japanese government.
METRO Pacific Investments Corp. (MPIC) posted a lower core net income in the first quarter, the first time it happened in its history, as its profits were halved as an effect of the enhanced community quarantine (ECQ) in mid-March to contain the coronavirus disease 2019 (COVID-19).
METRO PACIFIC Tollways Corp., (MPTC) the tollways unit of Metro Pacific Investments Corp. (MPIC), has sold a 10.32% stake in Indonesian infrastructure firm PT Margautama Nusantara (MUN) to a consortium of Japanese firms, the Metro Pacific group said on Tuesday.
METRO PACIFIC Investments Corp. (MPIC) needs a serious review of its business holdings amid a politically charged regulatory environment and declining investor enthusiasm in its asset class, company officials said.
MPCALA Holdings Inc. (MPHI), a unit of Metro Pacific Investments Corp. (MPIC), has gotten a go-signal from the Toll Regulatory Board (TRB) to collect initial toll fees beginning Feb. 10 for the newly opened 10.7-kilometer Mamplasan Interchange-Sta. Rosa segment of the Cavite-Laguna-Expressway (CALAx).
THE HOSPITAL UNIT of Metro Pacific Investments Corp. (MPIC) came close to staging a massive initial public offering (IPO) this year worth P83.3 billion — right on the eve of implementing the Universal Health Care Law (UHC).
THE ANTICIPATED P83.3-billion initial public offering (IPO) of Metro Pacific Investments Corp. (MPIC)’s hospital unit — which was supposed to be the biggest listing in the Philippine Stock Exchange to date — is delayed indefinitely from its earlier fourth-quarter schedule as the company welcomed an investor that poured P35.3 billion into the company.
SINGAPORE — Buyout firms KKR, Blackstone and CVC are among bidders competing for a stake in the hospital unit of Philippines’ Metro Pacific Investments Corp. (MPIC), people with knowledge of the matter told Reuters.
ILOILO CITY — Metro Pacific Water (MPW) and Metro Iloilo Water District (MIWD) formally started of operations of their joint venture company Metro Iloilo Water (MIW).
MANILA — Philippines’ Metro Pacific Investments Corp. (MPIC) expects its hospital unit to be valued at $2 billion as it sells a minority stake in the health care group, its chairman said on Wednesday.
METRO PACIFIC Investments Corp. (MPIC) is looking to unload some of its shareholdings in its hospital and tollways businesses in favor of foreign strategic investors in a bid to reduce its current debt levels.
METRO PACIFIC Investments Corp. (MPIC) and Maynilad Water Services, Inc. have committed to help the government clean up Manila Bay through the Adopt-an-Estero program.
INFRASTRUCTURE conglomerate Metro Pacific Investments Corp. (MPIC) delivered a three percent increase in core profit during the first quarter of 2019, supported by the growth of its energy, water, and hospital businesses amid the flat performance of its toll roads unit.
THE hospital unit of Metro Pacific Investments Corp. (MPIC) is looking to raise P15-20 billion in fresh capital in the next two years, to support its plan of having 30 to 40 hospitals in the future.
THE LOGISTICS arm of Metro Pacific Investments Corp. (MPIC) has tapped Aboitiz Construction, Inc. (ACI) to develop its 20-hectare property into a logistics hub in Cavite.
METRO PACIFIC Investments Corp. (MPIC) said its unsolicited proposal for the takeover of the Metro Rail Transit Line 3 (MRT-3) still stands, despite the decision of the Department of Transportation (DoTr) to tap Japanese contractors as its maintenance provider.
THE LOGISTICS ARM of Metro Pacific Investment Corp. (MPIC) acquired on Friday P204.79-million worth of properties in Bulacan as it ramps up its warehouse operations.
A TOLLWAYS subsidiary of the Metro Pacific group sealed another loan deal this month to fund the construction of its bridge project in Cebu City.
METRO PACIFIC Investments Corp. (MPIC) has partnered with fruit products manufacturer Dole Philippines, Inc. (DPI) for a P1-billion waste-to-energy project, marking its foray into the bio-energy sector.
THE North Luzon Expressway (NLEx) Harbor Link Segment 10 mainline is slated to open in December after the Department of Public Works and Highways (DPWH) successfully completed the delivery of right-of-way for the alignment of the toll road.
METRO PACIFIC Investments Corp. (MPIC) has joined local and foreign companies that have signified their intention to build a liquefied natural gas (LNG) import terminal ahead of the depletion of the country’s lone source of the fossil fuel — the Malampaya offshore gas field.
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