BusinessWorld June 4, 2021 | 5:59 pm MANILA WATER Co. Inc. is now led by ports tycoon Enrique K. Razon, Jr. after his Trident Water Co. Holdings, Inc. completed its tender offer on June 3. In a stock exchange disclosure on Friday, Manila Water announced that Trident Water led by Mr. Razon now has 51% voting interest in the east zone water concessionaire. The water provider also disclosed that Mr. Razon was appointed as its director, chairman of the board of directors, president and chief executive officer, and chairman and member of the executive committee, effective June 3. In turn, Manila Water said Fernando Zobel de Ayala stepped down as its chairman of the board of directors, chairman and member of the executive committee, and member of the talent and remuneration committee.