CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Jan 30, 2024
2. SEC Identification Number
A1996-11593
3. BIR Tax Identification No.
005-038-428-000
4. Exact name of issuer as specified in its charter
MANILA WATER COMPANY, INC.
5. Province, country or other jurisdiction of incorporation
QUEZON CITY, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
MWSS ADMINISTRATION BUILDING 489 KATIPUNAN ROAD BALARA QUEZON CITYPostal Code1105
8. Issuer's telephone number, including area code
(632) 7917 5900 loc. 1404
9. Former name or former address, if changed since last report
N/A
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
2,594,653,325
PREFERRED
3,563,756,068
11. Indicate the item numbers reported herein
-
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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Clarification of News Article: “Manila Water to revive P8-B Pangasinan deal” posted in Inquirer.net on January 30, 2024
Source
Inquirer.net
Subject of News Report
Manila Water to revive P8-B Pangasinan deal
Date of Publication
Jan 30, 2024
Clarification of News Report
We reply to your request for clarification and/or confirmation on the news article entitled “Manila Water to revive P8-B Pangasinan deal” posted in Inquirer.net on January 30, 2024. The news article reported in part that:
“LINGAYEN, PANGASINAN—The Manila Water Philippine Ventures (MWPV), a subsidiary of the water utility firm Manila Water Co. Inc., has begun reaching out to the provincial government of Pangasinan in a bid to revive the P8-billion concession agreement that was deemed mutually terminated in December last year.
In a statement on Monday, MWPV said the company and the province’s top officials remained open ‘to explore a partnership on water supply’ even after the deal was called off reportedly due to what the company said was the provincial government’s ‘nonfulfillment of obligations.’
‘This presents an opportunity to revisit the conditions precedent of the old contract and renew the partnership for the benefit of Pangasinenses,’ MWPV said.
Representatives of the company had met with Pangasinan provincial officials last week, the Inquirer learned, but details of the discussion were not immediately known.
On Jan. 3, the MWPV, led by business tycoon Enrique Razon, filed with the Philippine Stock Exchange the termination of the concession agreement with Pangasinan, effective Dec. 31, 2023.
. . . . “
We confirm that the information contained in the above-quoted news article is correct and clarify that no definitive agreement has been reached with the Provincial Government of Pangasinan at this time.
We hope to have clarified the above-quoted news article for the benefit of the Exchange and the investing public.