Maharlika Investment Corp. will buy 20% of Synergy Grid and Development Philippines for $337 million, marking the sovereign ...
Investing in the national grid operator, partly owned by China’s State Grid Corp, boosts government control over critical ...
The wealth fund, Maharlika Investment Corp, announced on Monday it would buy a 20% stake in the National Grid Corp of the Philippines, or NGCP, which in 2007 won a 25-year concession to be the ...
A group of prominent economists claims that the Maharlika ... Such funds are usually set up in smallish commodity exporting nations that run large current account surpluses. The Philippines ...
THE PHILIPPINE government through its sovereign wealth fund has agreed ... Grid Corp. of the Philippines (NGCP), according to the presidential palace. The Presidential Communications Office (PCO) said ...
MANILA -- The Philippines' newly launched sovereign wealth fund will make its first investment ... from the Presidential Communications Office, Maharlika Investment Corp. will subscribe to ...
The Philippines’ sovereign ... backed power transmission operator. The wealth fund will buy preferred shares offered by Synergy for 15 pesos each, Maharlika Investment Corp. President and ...
MANILA (Reuters/Bloomberg): The Philippines' sovereign wealth fund Maharlika Investment Corp is buying a 20% stake in the country's electricity grid operator National Grid Corp of the Philippines ...
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 ...
MANILA, Jan 27 (Reuters) - 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 ...
The wealth fund, Maharlika Investment Corp, announced on Monday it would buy a 20% stake in the National Grid Corp of the Philippines, or NGCP, which in 2007 won a 25-year concession to be the ...