Corporate
MVP Group in early talks to acquire Villar’s Prime Water
The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.
MGen donates P17.3-million lighting system to Iloilo football ground
Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.
Cebu Landmasters profit boosted by steady property market in VisMin
Steady demand for housing and a diversified portfolio kept Cebu Landmasters Inc. (PSE: CLI) on a growth path, with net income in the first nine months of 2025 rising 6 percent to up P3.1 billion from up P2.9 billion last year.
Mreit income rises 29% in nine months on new asset infusions
Mreit, Inc., the real estate investment trust of property developer Megaworld Corp., reported a 29 percent jump in income to P935 million in the third quarter of 2025, up from P719.58 million a year earlier. The growth was driven by six newly acquired office properties, higher occupancy, and sustained rental escalations.
MPTC gets SEC nod for up to ₱20 billion bond sale
Metro Pacific Tollways Corp. (MPTC) has received pre-effective approval from the Securities and Exchange Commission (SEC) for its planned public offering of up to ₱15 billion in fixed-rate bonds, with an additional ₱5 billion oversubscription option. The bonds may be issued in up to three series with tenors of 3, 5, or 10 years.
