Cosco completes MRDC purchase

By Earl John Alfaro

Sep 11, 2024 12:23 am

COSCO Capital Inc. has completed the acquisition of all outstanding shares of Matuno River Development Corp. (MRDC).

'Cosco paid cash to Magis Energy Holdings Corp. and Mr. Ruben Diego Q. Picardo in exchange for their respective shareholdings, totaling to 100%, on MRDC,' Cosco said in a disclosure to the stock exchange on Tuesday.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Aboitiz Infra wins bid to upgrade Bohol airport

BDO Capital sees opportunities in growing PH energy investments

NGCP fined P12.3M over delayed projects

Agrinurture reports nine-month net loss

PSEi seen hitting 8,000 level in 2025

Enrollment growth boosts STI Q1 profit

URC snack units' dissolution OKd