CONGLOMERATE Metro Pacific Investments Corp. (MPIC) has acquired an initial 16 percent in listed solar power company SP New Energy Corp. (SPNEC) worth P2 billion.
FILINVEST Land Inc., the property development arm of the Gotianun group, said its attributable net income fell 24 percent last year to P2.89 billion from last year’s P3.8 billion, which included a one-time tax benefit from the Corporate Recovery and Tax Incentives for Enterprises Act.
PUREGOLD Price Club Inc., the grocery chain operator led by businessman Lucio Co, revealed last Tuesday that its net income last year grew 13 percent to P9.3 billion from the previous year’s P8.18 billion, mainly on higher sales from its growing chain.
BORACAY Island Water Co. Inc. (BIWCI), a subsidiary of Manila Water Co. Inc. and a concessionaire of the Tourism Infrastructure and Enterprise Zone Authority (Tieza) recently completed a project that aimed to provide sustainable water to low-income households.
