Manila Water acquires stake in Indonesian bulk water supply company
Manila Water recently signed a Share Purchase Agreement with Indonesian bulk water supply company, PT. Sarana Tirta Ungaran (“STU”) to acquire a 20 percent stake. With a capacity of 21.5 million liters per day, STU services PDAM Kabupaten Semarang, a regency in Central Java, and industrial customers in its Bawen District including PT. APAC Inti Corpora, a 100-hectare textile and garment manufacturing company. Manila Water, the leading provider of water and wastewater services to industrial customers and developments in the country, sees this investment as an opportunity to leverage its technical capability to establish its market presence in the region.
Manila Water set to expand to Thailand
Manila Water continues to make its presence felt in the ASEAN region after it signed a Share Purchase Agreement to acquire an 18.72% stake in Eastern Water Resources Development and Management Public Company Limited (“East Water”), a publicly-listed water supply and distribution company in Thailand. This is Manila Water’s first point of entry into Thailand as part of the company’s ongoing expansion in Southeast Asia.
Mobile water treatment facilities come to Albay’s aid
In light of the health crisis being experienced in evacuation centers in Albay due to lack of safe potable water, water concessionaires Manila Water and Maynilad, led by regulator Metropolitan Waterworks and Sewerage System (MWSS), deployed three units of mobile treatment plants (MTP) to the province currently being affected by the eruption of Mayon Volcano.
MWSS and concessionaires unveil water eco-tourism hub masterplan
As part of its 140th founding anniversary, the Metropolitan Waterworks and Sewerage System (MWSS) presented and unveiled “The Palafox Masterplan for the MWSS Water Eco-Tourism Hub,” a joint project of Manila Water and Maynilad in celebration of 20 years of successful partnership, at the MWSS Lobby last February 1.
Kris Aquino loves her 'Healthy Family'
The heart of a loving mother beats for one thing — a healthy family. And this is exactly what is in the heart of celebrity mom and “Queen of All Media,” Kris Aquino.