Rebates to be paid out by Ayala-led Manila Water Co. Inc. will be significantly higher than initially estimated, the company’s chief said on Monday.

“From P150 million, it will definitely add few more hundreds of millions in my estimate,” Manila Water President and CEO Ferdinand dela Cruz said at the sidelines of a stockholders’ meeting in Makati.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details