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First Pac investing add'l P97 B in Phl

2014-11-10 03:43:32| IT Services - Topix.net

Tokyo, Japan The First Pacific group led by businessman Manuel V. Pangilinan is investing an additional P97 billion in the Philippines to accelerate the growth of its telecommunications, water distribution, power, and infrastructure businesses. In a briefing, Metro Pacific Investments Corp. chief finance officer David Nicol said he expects group-wide capital spending to reach P96 billion to P97 billion next year.

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