Reuters logo
Manila Water says signs MOU for proposed Yangon water project
March 17, 2014 / 4:56 AM / 4 years ago

Manila Water says signs MOU for proposed Yangon water project

MANILA, March 17 (Reuters) - Manila Water Company Inc. , one of two major water concessionaires in the Philippines, said on Monday it had signed a memorandum of understanding with the Yangon City Development Committee in Myanmar for a proposed water project.

The project, which Manila Water will develop with partner Mitsubishi Corp of Japan, involves reducing non-revenue water in Yangon City.

Shares of Manila Water, a unit of Philippine conglomerate Ayala Corporation, were up 1.3 percent at noon break, outperforming the broader market which slid 0.13 percent.

To view the full disclosure, please click on ( (Reporting by Rosemarie Francisco; Editing by Miral Fahmy)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below