Rebates to ‘hover around’ P500M

By Tyrone Jasper C. Piad

Apr 23, 2019 12:24 am

Rebates to be paid out by Ayala-led Manila Water Co. Inc. will be significantly higher than initially estimated, the company’s chief said on Monday.

“From P150 million, it will definitely add few more hundreds of millions in my estimate,” Manila Water President and CEO Ferdinand dela Cruz said at the sidelines of a stockholders’ meeting in Makati.

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