AYALA-LED Manila Water Co., Inc. has acquired 20 percent of the outstanding capital stock of a bulk water supplier in Indonesia, expanding its presence in the Asian country.

In a disclosure, Manila Water said on Wednesday its Indonesian unit PT Manila Water Indonesia (PTMWI) had signed a share purchase agreement with PT Triguna Rapindo Mandiri to acquire 4,478 shares of PT Sarana Tirta Ungaran (STU).

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