Sunday 30 August 2020

DMCI Project Developers Inc.

DMCI Project Developers Inc. Has sold its giant interest in Subic Water and Sewerage Co. To the government of Olongapo City.

In a disclosure to the Philippine Stock Exchange Inc. On Monday, figure DMCI Holdings Inc. Said, DMCI-Project has offered 915, 580 stocks in Subic Water for P210.583 million.

The equity represents 10 percent of the incredible capital stock of Subic Water, reducing DMCI Project’s shareholdings within the utility to 30 percent.

DMCI Project is the assets arm of DMCI Holdings with various exposures in water, strength era, infrastructure, construction development, in addition to coal and nickel mining.

Since it become mounted in 1999, DMCI Project has released fifty six usually mid-upward push and excessive-rise traits throughout Metro Manila.

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