Malampaya | Philstar.com
If all goes well, ports and casino tycoon Enrique Razon may finally complete his Malampaya deal this week or soon after.
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If all goes well, ports and casino tycoon Enrique Razon may finally complete his Malampaya deal this week or soon after.
Prime Exploration Pte. Ltd., a subsidiary of Razon-led Prime Infrastructure Capital Inc. (Prime Infra), announced its acquisition from Udenna Corporation of businessman Dennis Uy the 45 percent operating stake in the depleting Malampaya gas field asset. In a statement to the media, Prime Explo
Malampaya gas field (file photo) MANILA - A subsidiary of Enrique Razon Jr.-led company has signed a share purchase agreement to formalize the acquisition of stakes in Malampaya gas field from Dennis Uy's firm. In a statement Friday, Prime Infrastructure Capital, Inc. bared that its unit, Prime Exploration Pte. Ltd., sealed the share purchase deal with MEXP Holding Pte. Ltd., a subsidiary of Udenna Corp. Prime Infra added the transaction is still subject to the consent of the Philippine National Oil Company Exploration Corp. (PNOC EC) and the Department of Energy (DOE). To recall, MEXP acq...
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