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BUSINESSMAN Manuel Pangilinan's Metro Pacific Investments Corp. (MPIC) has expressed interest in acquiring Ayala Corp.'s 35-percent stake in Light Rail Manila Corp. (LRMC), the private operator of the Light Rail Transit (LRT) Line 1 (LRT 1).
LIGHT Rail Manila Corporation (LRMC), the operator of LRT-1, announced the suspension of operations in Baclaran station starting this Wednesday until Sunday for repair and maintenance. The LRMC said it would replace the rails that would allow the trains to reverse or turn back smoothly. The initiative is part of LRMC's ongoing efforts to upgrade and maintain the railway system's efficiency.
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THE Light Railway Transit-1 Roosevelt Station in Quezon City will have a new name starting this Sunday.
BUSINESSMAN and former lawmaker Manuel Villar Jr. is looking to venture into the railway business, on Tuesday saying that the Villar Group was in discussions to take over the ongoing Light Rail Transit 1 (LRT-1) extension project.