METRO Pacific Tollways Corp. (MPTC), a subsidiary of Metro Pacific Investments Corp. (MPIC) led with the aid of businessman Manny Pangilinan, has finished a deal to accumulate a significant stake in an infrastructure business enterprise in Vietnam.
MPTC stated it has obtained a forty five percentage stake in CII Bridges and Roads Investment Joint Stock Co. (CII B&R) in Vietnam thru a aggregate of percentage
In a disclosure to the Philippine Stocks Exchange, MPTC said it “now holds a widespread minority equity hobby identical to about forty five percentage of the first-rate capital of CII B&R through a combination of purchase of CII B&R secondary shares from Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII), and subscription to VND-denominated bonds issued by way of CII, which are exchangeable into secondary stocks in CII B&R.”
CII B&R is majority owned with the aid of CII, one in every of the most important private infrastructure improvement businesses in Vietnam with publicity in toll roads, water, actual estate, and engineering and creation.
CII B&R is a dual carriageway employer based totally in Ho Chi Minh City in Vietnam with about eight toll road and bridge projects totaling approximately 123 kilometers, with present traffic of approximately forty six thousand cars a each day.
MPTC stated it has obtained a forty five percentage stake in CII Bridges and Roads Investment Joint Stock Co. (CII B&R) in Vietnam thru a aggregate of percentage
In a disclosure to the Philippine Stocks Exchange, MPTC said it “now holds a widespread minority equity hobby identical to about forty five percentage of the first-rate capital of CII B&R through a combination of purchase of CII B&R secondary shares from Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII), and subscription to VND-denominated bonds issued by way of CII, which are exchangeable into secondary stocks in CII B&R.”
CII B&R is majority owned with the aid of CII, one in every of the most important private infrastructure improvement businesses in Vietnam with publicity in toll roads, water, actual estate, and engineering and creation.
CII B&R is a dual carriageway employer based totally in Ho Chi Minh City in Vietnam with about eight toll road and bridge projects totaling approximately 123 kilometers, with present traffic of approximately forty six thousand cars a each day.
No comments:
Post a Comment