Philippines' wealth fund eyes Chinese firm's shares in grid operator
The Philippines' sovereign wealth fund would be interested in buying a Chinese state firm's stake in the Southeast Asian country's power transmission operator, its president said on Tuesday, as the ...
Philippines wealth fund buys into Beijing-backed power grid, amid South China Sea tensions
Investing in the national grid operator, partly owned by China’s State Grid Corp, boosts government control over critical ...
Philippines wealth fund buys into China-backed national grid operator
The Philippines' sovereign wealth fund Maharlika Investment Corp is buying a 20% stake in the operator of the country's power grid, the government said on Monday, a first major investment that ...
philstar.com16d
How much is Maharlika’s offer for NGCP?
Just before 2024 came to a close, I wrote that Maharlika Investment Corp. (MIF)’s acquisition of possibly a 10 percent stake in National Grid Corp. of the Philippines (NGCP) could happen as ...