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Manila Water plans used water treatment facilities  - BusinessWorld Online

Manila Water plans used water treatment facilities  - BusinessWorld Online
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Razon takes lead of Manila Water - BusinessWorld


BusinessWorld
June 4, 2021 | 5:59 pm
MANILA WATER Co. Inc. is now led by ports tycoon Enrique K. Razon, Jr. after his Trident Water Co. Holdings, Inc. completed its tender offer on June 3.
In a stock exchange disclosure on Friday, Manila Water announced that Trident Water led by Mr. Razon now has 51% voting interest in the east zone water concessionaire.
The water provider also disclosed that Mr. Razon was appointed as its director, chairman of the board of directors, president and chief executive officer, and chairman and member of the executive committee, effective June 3.
In turn, Manila Water said Fernando Zobel de Ayala stepped down as its chairman of the board of directors, chairman and member of the executive committee, and member of the talent and remuneration committee. ....

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ICTSI says efforts to make transactions at Subic port 'more seamless' underway


February 9, 2021 | 12:03 am
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LISTED port operator International Container Terminal Services, Inc. (ICTSI) on Monday said its Subic unit had been endorsed by the Agriculture department as a discharge port for imported livestock and raw materials.
Agriculture Undersecretary Ernesto S. Gonzales signed the endorsement, citing the Subic Bay International Terminal Corp.’s role in “ensuring unimpeded trade for the livestock and feed milling industries,” the listed firm said in an e-mailed statement.
The endorsement, ICTSI added, is also seen as an “encouragement” for importers to use the port to make feeds affordable to farmers.
The use of the Subic container port could potentially result in “lower market prices of meat products,” especially in the greater Manila and nearby provinces, it noted. ....

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