Maynilad definition
Examples of Maynilad in a sentence
For participation in public and/or private sewerage services in Metro Manila, it is subject to negotiations and agreement with concessionaires (i.e., Manila Water and Maynilad) and approval/regulation by the Metropolitan Waterworks and Sewerage System (MWSS).
The Framework Agreement was entered into on normal commercial terms, in the ordinary course of business of Maynilad and Consunji, and on an arm’s length basis.
If Maynilad requires any Services from Consunji, it may enter into a specific service contract (“Service Contract”) with Consunji prior to the provision of the relevant services.
Sewerage Services (CPC 9401) 1) Unbound* 2) None 3) For participation in public and/or private sewerage services, up to 40% foreign equity participation For participation in public and/or private sewerage services in Metro Manila, it is subject to negotiations and agreement with Concessionaires (i.e. Manila Water and Maynilad) and approval/regulation by the Metropolitan Waterworks and Sewerage System (MWSS).
The Group has an approximately 51.3% interest in MWHC, the holding company of Maynilad Water Services, Inc., which holds an exclusive concession granted by Metropolitan Waterworks and Sewerage System on behalf of the Philippine government, to provide water and sewerage services in the area of West Metro Manila.
Payments to be made by Maynilad to Consunji pursuant to such contracts will satisfy the efficiency and prudency test imposed by the concession agreement entered between Maynilad and the Metropolitan Waterworks and Sewerage System on behalf of the Philippine government.
The Group has approximately 51.3% interest in MWHC, the holding company of Maynilad.
Sewerage Services (CPC 9401) Unbound* None For participation in public and/or private sewerage services, up to 40% foreign equity participation For participation in public and/or private sewerage services in Metro Manila, it is subject to negotiations and agreement with Concessionaires (i.e. Manila Water and Maynilad) and approval/regulation by the Metropolitan Waterworks and Sewerage System (MWSS).
The Group has an approximately 51.3% interest in MWHC, the holding company of Maynilad.
The Company announces the entering into between Consunji and Maynilad of a new framework agreement (the “Framework Agreement”) in relation to the provision of construction services by Consunji to Maynilad.