9. Former name or former address, if changed since last report
-
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares
2,053,945,884
11. Indicate the item numbers reported herein
Please see attached letter to the SEC and PSE.
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Manila Water Company, Inc.MWC
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Concession Agreement between Obando Water Company, Inc. and Obando Water District
Background/Description of the Disclosure
In relation to our disclosure dated August 23, 2017, please be informed that today, Obando Water Company, Inc. (“Obando Water”) and the Obando Water District (“OWD”) have signed and executed a Concession Agreement for the design, construction, rehabilitation, operation, maintenance, financing, expansion and management of water facilities and the provision of water and sanitation services in the Municipality of Obando for a period of twenty-five (25) years from the commencement date.
Obando Water is a joint venture between Obando Water Consortium Holdings Corporation (“OWCHC”) and the OWD, wherein OWCHC and OWD hold 90% and 10% of the outstanding capital stock, respectively. On the other hand, OWCHC is a consortium of Manila Water Company, Inc. (“Manila Water”) and Manila Water Philippine Ventures, Inc. (“MWPV”) with Manila Water owning 49% and MWPV owning 51% of the issued and outstanding capital stock of OWCHC. MWPV is a wholly-owned subsidiary of Manila Water.