Philippine Wealth Fund Buys Stake In Electricity Grid For $337 Million
Maharlika Investment Corp. will buy 20% of Synergy Grid and Development Philippines for $337 million, marking the sovereign ...
Inquirer on MSN9d
First investment: Gov’t, through Maharlika, gets 20% stake in NGCP
The Maharlika Investment Fund (MIF) is buying a 20-percent stake in the National Grid Corporation of the Philippines (NGCP), ...
Asia Asset Management7d
Philippine wealth fund Maharlika buys 20% stake in national grid company
Philippine sovereign wealth fund Maharlika Investment Corporation is making its first investment with the acquisition of 20% ...
GMA News Online on MSN9d
Did Marcos' trips abroad result in Maharlika investments? 'Wala pa,' MIC chief says
No foreign firm has invested yet in the Philippines' sovereign wealth fund, Maharlika Investment Corporation president Rafael ...
philstar.com on MSN9d
Maharlika getting 20% stake in NGCP
Almost two years after its creation, the Maharlika Investment Corp. has finally made its first foray into business by ...
Philippine Fund to Invest $337 Million in China-Backed Grid Firm
The Philippines’ sovereign wealth fund will acquire a 20% stake in Synergy Grid & Development Phils. Inc. for 19.7 billion ...
Inquirer on MSN7d
Maharlika open to buying Chinese stake in NGCP
The country’s sovereign wealth fund is investing in the National Grid Corp. of the Philippines (NGCP) to allow the government ...
philstar.com9d
Maharlika Fund makes first investment, buys 20% stake in NGCP
The Maharlika Investment Corp, the governing body of the Maharlika Investment Fund, has made its maiden investment by acquiring a stake in the National Grid Corporation of the Philippines.
Free Malaysia Today9d
Philippines’ wealth fund eyes Chinese firm’s shares in grid operator
Maharlika Investment Corp says it would like to buy a 20% stake in NGCP, but no formal approach has been made as yet.
GMA News Online on MSN9d
Good investment or gamble? MIC investment in NGCP draw mix opinion from solons
Lawmakers on Tuesday expressed differing opinions on the decision of the Maharlika Investment Corporation (MIC) to invest in ...
BusinessWorld9d
Maharlika fund to invest in NGCP
THE PHILIPPINE government through its sovereign wealth fund has agreed to buy a 20% stake in a Filipino company that has a 40% stake in the National Grid Corp. of the Philippines (NGCP), according to ...
Hosted on MSN8d
Maharlika’s investment to NGCP expected to lower electricity costs
The Maharlika Investment Corp.’s (MIC) investment in the National Grid Corporation of the Philippines (NGCP) is expected to lower electricity costs and stabilize electricity supply, according to MIC ...