Corporate

Maynilad partners with Caloocan LGU to enhance water management

Maynilad Water Services Inc. has signed a memorandum of understanding (MOU) with the Caloocan local government unit (LGU) to enhance water management and minimize water loss over the next three years.

Meralco poised for record performance with 17% income surge in 9 months

The Manila Electric Co. (Meralco) on Monday announced a robust 17 percent increase in core net income for the first nine months of 2024, reaching P35.1 billion versus only P30.02 billion in the same period last year.

Arthaland launches P3B fund-raising via preferred shares sale

Arthaland Corp., a listed boutique real estate developer, on Monday launched a fundraising exercise that aims to raise P3 billion from the sale of preferred shares.

Wilcon income plummets 22% amid soft demand

Wilcon Depot Inc. on Monday reported a 22 percent decline in net income in the first nine months this year, dropping to ₱2.11 billion from ₱2.72 billion last year, driven by sluggish demand for home improvement products.

Megawide: Citicore to acquire 16M preferred shares

Megawide Construction Corp. said its board approved an increase in its preferred shares to facilitate the entry of Citicore Holdings Investment Corp.

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