Tag: Government Investment
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Maharlika Investment Corporation Secures 20% Stake in National Grid Through Deal with Synergy Grid
In a significant move to enhance governmental oversight of the nation’s power infrastructure, the Maharlika Investment Corporation (MIC) has finalized an agreement with Synergy Grid and Development Philippines Inc. (SGP). The deal, signed in the presence of President Ferdinand R. Marcos Jr. at Malacañang, allows MIC to acquire a 20% stake in the National Grid…
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