LISTED water provider Manila Water Company, Inc. said on Thursday it has completed the purchase of an additional 6 million primary shares in Vietnam-based Saigon Water Infrastructure worth 103.8 billion Vietnamese Dong (VND) or P230 million.
In a filing to the Philippine Stock Exchange (PSE), Manila Water, through its wholly-owned Singapore subsidiary Manila Water South Asia Holdings Pte. Ltd. (MWSAH), said that the acquisition increased Manila Water’s stake in Saigon Water from 31.47 percent to 38 percent.
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