A unit of Ayala-led Manila Water Co. Inc. has fully taken over for P625 million the utility that supplies water for the entire Laguna Technopark.

A disclosure to the Philippine Stock Exchange on Thursday showed that Laguna AAAWater Corp. (LAWC), a subsidiary of Manila Water, signed an asset purchase agreement with Laguna Technopark Inc. (LTI) for the acquisition of the water reticulation system of Laguna Technopark.

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