Tycoon Manuel News Today

Tycoon Manuel V. Pangilinan hinted at the possibility of investing in electric cooperatives (ECs) to further boost the presence of the Manila Electric Co. (Meralco) in the power distribution sector. “There is one last idea that I encourage Meralco to adopt which is broadening investments in electric cooperatives in the…

Tycoon Manuel V. Pangilinan is taking Metro Pacific Investments Corp. private, 17 years after it listed on the Philippine Stock Exchange in 2006 by way of introduction.

Tycoon Manuel V. Pangilinan-led Metro Pacific Investments Corp. is investing P2 billion in Leandro Leviste’s SP Energy Corp., marking the group’s expansion into the renewable energy industry.

Tycoon Manuel V. Pangilinan appeared calm as he led his executives when they faced analysts and fund managers last week at Dusit Thani Manila to explain why PLDT Inc., the listed telco giant he chairs, incurred a P48-billion budget overrun.

Tycoon Manuel B. Villar Jr. will list at least three firms on the Philippine Stock Exchange (PSE) this year. These firms are Vista Reit Inc. (VREIT), its real estate investment trust; The Coffee Project Inc., its brand of coffee shops and restaurants; and Siquijor Island Power Corp. (SIPCor), a small…