Cosco Capital disclosed its purchase of Matuno River Development Corp., the corporate entity that owns and operates the 8.66 MW Matuno River Hydroelectric Power Plant in Bambang, Nueva Vizcaya.
, the corporate entity that owns and operates the 8.66 MW Matuno River Hydroelectric Power Plant in Bambang, Nueva Vizcaya. COSCO acquired 100% of Matuno’s outstanding shares but did not reveal the per-share price, as it is not under an obligation to reveal the price since the cost of the transaction does not exceed the minimum for price disclosure . The company said that its acquisition of Matuno is its “opportunity to enter into another profitable business within the renewable energy sector.
Jollibee will acquire South Korean coffee leader Compose Coffee Company for $238 million, in a deal that pegs CCC’s... Hann Resorts is rumored to be exploring a possible IPO of its casino resort business. HANN is owned by Hann Philippines...
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