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Meralco sells e-vehicle unit ESakay for ₧87.4M

THE Manila Electric Co. (Meralco) sold its electric vehicle (EV) unit, ESakay Inc., to On-Us Solutions Inc. for P87.4 million. “Please be informed of the sale of ESakay, Inc., a wholly owned subsidiary of the Company, to On-Us Solutions, Inc. with the total consideration of P87.4 million as stated in… ....

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