PSE clears P45.8-B Maynilad IPO

MANILA, Philippines — The Philippine Stock Exchange (PSE) has approved the P45.8-billion initial public offering (IPO) of water concessionaire Maynilad Water Services Inc. In an advisory on Monday, the operator of the local bourse said Maynilad would offer up to 1.66 billion firm shares to the public and up to 24.9 million reserved shares to First

UAAP: UST breaks century mark behind hot-shooting Nic Cabañero

UAAP SCHEDULE: Season 88 basketball tournament MANILA, Philippines—University of Santo Tomas became the first team to breach the 100-point mark in the UAAP Season 88 men’s basketball tournament on Saturday at its own Quadricentennial Pavilion. The Growling Tigers dismantled University of the East, 111-99, with Nic Cabañero leading the way on offense as usual. READ:

Maynilad looms as potential white knight for Primewater

MANILA, Philippines – Maynilad Water Services Inc. is eyeing the Villar group’s troubled water utility business, potentially allowing it to expand its network beyond Metro Manila. Speaking to reporters on Wednesday, Maynilad president Ramoncito Fernandez confirmed they were “looking at” PrimeWater Infrastructure Corp., whose customer base spans various provinces across Luzon. He did not disclose