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Philippine Infradev swings to loss as revenues drop in third quarter

PHILIPPINE Infradev Holdings, Inc. on Tuesday reported a net loss attributable to parent equity holders of P779,527 for the third quarter, reversing net earnings of P2.27 billion a year ago.

Tiu’s PHL Infradev creates China subsidiary

PHILIPPINE Infradev Holdings, Inc. has successfully incorporated a wholly owned subsidiary in Jiangsu, China which will handle procurement processes for the company.

Tiu’s Infradev inks 50-year deal for Makati subway

PHILIPPINE Infradev Holdings, Inc. signed yesterday its joint venture agreement (JVA) with the city government of Makati for the construction and operation of the $3.5-billion intracity subway project.

Philippine Infradev subsidiary for subway project gets SEC nod

THE Securities and Exchange Commission (SEC) has approved the application of Philippine Infradev Holdings, Inc. (formerly IRC Properties, Inc.) to incorporate the Makati City Subway, Inc., which will take charge of its underground railway project in Makati City.