Tag: Investment Strategy
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Maharlika Investment Corporation Secures Major Stake in National Grid, Eyes Further Expansion
In a strategic move to bolster its influence over the nation’s power infrastructure, the Maharlika Investment Corporation (MIC) has committed PHP19.7 billion to acquire a 20% stake in the National Grid Corporation of the Philippines (NGCP). The transaction was formalized in a ceremony attended by President Ferdinand R. Marcos Jr. at Malacañang on January 27,…
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