THE UNION OF GIANTS...
April 26, 2012
Ayala Corp. (AC) and Metro Pacific Investments Corp. (MPI) have agreed to team up and bid together for light rail infrastructure projects. The two major conglomerates will form a 50/50 partnership to develop rail projects and real estate related to these projects. The first project they will bid on will probably the LRT 1 South Extension Line which costs an estimated PhP62bn. The partnership will form a formidable pair as companies bid for PPP projects. AC’s capital base and property development expertise will complement with MPI’s experience in major infrastructure development and management. For a moment, better to hold first our shares on this company or buy at modest lower price.Below are the current price movement of this two companies:
The LRT 1 proposed expansion project;

Good Luck & Good Bless Kabayan...!
source: Philstock, http://business.inquirer.net/55489/metro-pacific-ayala-to-jointly-pursue-lrt-projects-2,
Posted by jov3n- trader202. Posted In : Investing





