MANILA -- The Philippines' newly launched sovereign wealth fund will make its first investment, acquiring a 20% stake in a local grid operator, according to an announcement on Monday.
The Philippines' sovereign wealth fund Maharlika Investment Corp is buying a 20% stake in the operator of the country's power grid, the government said on Monday, a first major investment that ...
Synergy Grid and Development Philippines Inc. (SGP) has accepted a binding offer from the state-run Maharlika Investment ...