Manila Water Philippine Ventures’ Official Statement regarding the water supply issues of LARC
Through a share purchase agreement signed on 19 April 2024, Manila Water Philippine Ventures acquired 70% of shares in Equipacific HoldCo Inc., which holds 90% of the outstanding shares of Laguna Water District Aquatech Resources Corporation (LARC). After the acquisition, the transition period started on 21 April 2024 and will last for three (3) months. …