The planned acquisition is in line with Cirtek’s strategy to expand its business.
Philippine-listed Golden Haven Memorial Park is entering the country’s mass housing market through its acquisition of Bria Homes for $65 million.
The project cost for the duration of the 25-year concession is estimated at P12.35 Billion, with an initial equity investment of P600 million in 2018
The conglomerates plan to submit an unsolicited proposal to the Department of Transportation for upgrading the airport after years of battling with each other to grab the $1-billion project.
PE firm Sierra Madre remains positive about the local market which it considers to be “underserved by global and regional PE funds, local banks, and large strategic players.”
H2O Ventures is an investment holding company engaged in the operation, maintenance, and distribution of water supply systems.
Masin-AES owns/runs a 630MW coal-fired power plant in Zambales province, Philippines.
The deal consists of 340,000 credit cards and personal loans.
Qwikwire founder and CEO Ray Refundo said the AQwire platform will empower property developers to be able to sell their units to any customer in the world.