Commission Decision No. 19-M-016/2020: Proposed Joint Venture over Nepwell Property Management, Inc. of Rockwell Land Corporation, NepWell Property Management Inc., TGN Realty Corporation, Hilda Aurora N. Valdes, Patrick Adrian N. Valdes, and Theresa Gracia N. Valdes ABSTRACT: The transaction involves the joint venture between Rockwell Land Corporation (Rockwell), T.G.N. Realty Corporation (TGN), NepWell Property… continue reading ››
Commission Decision No. 15-M-010/2020: Proposed Acquisition by Universal Robina Corporation of Assets of Central Azucarera de la Carlota Inc., Roxol Bioenergy Corporation, and Shares in Najalin Agri-Ventures, Inc. ABSTRACT: The proposed transaction involves the acquisition by Universal Robina Corporation (URC) of: (1) the sugar milling, and bio-ethanol distillery assets of Central Azucarera de la Carlota,… continue reading ››
Commission Decision No. 16-M-013/2020: Proposed Acquisition by DMC-Urban Property Developers, Inc. of Assets of PLDT, Inc. ABSTRACT: The transaction involves the acquisition of DMC-Urban Property Developers, Inc. from PLDT, of two parcels of land with aggregate area of approximately 2,400 sqm together with improvements consisting of two buildings (Smart Tower I and II), located along Ayala… continue reading ››
Commission Decision No. 14-M-011/2020: Proposed Acquisition by Trident Water Company Holdings Inc. of Shares in Manila Water Company Inc. ABSTRACT: The proposed transaction is the acquisition by Trident Water Company Holdings Inc. (Trident Water), a subsidiary company of Prime Metroline Holdings Inc. (PMHI), of a 51%-voting interest in Manila Water Company Inc. (Manila Water)…. continue reading ››
2020: Toward a more robust competition regime By Arsenio M. Balisacan, PhD January 15, 2020 In last week’s column, I discussed how 2019 proved to be a banner year for the Philippine Competition Commission. Having gained significant experience in the past three years, the PCC confidently flexed its enforcement muscle by deciding on several… continue reading ››
*** The Philippine Competition Commission (PCC) invites stakeholders, representatives from the business, legal, academic, and trade groups, as well as other government agencies to submit their comments on the draft PCC Circular on Guidelines and Process on the Exemption from Compulsory Notification in Joint Venture Agreements between the Government and Private Entities as Issued by the… continue reading ››
Commission Decision No. 35-M-027/2019: In the Matter of the Proposed Joint Venture Between Filinvest Alabang, Inc. and Mitsubishi Corporation ABSTRACT: The proposed transaction involves the formation of a joint venture between Mitsubishi Corporation (“Mitsubishi”) and Filinvest Alabang, Inc. (“Filinvest Alabang”), through the acquisition by Mitsubishi of 40% of the issued and outstanding shares of… continue reading ››
Commission Decision No. 05-M-003/2019: In the Matter of the Proposed Joint Venture among Bases Conversion and Development Authority, National Housing Authority, and Primelux Holdings Development Inc. [MAO Case No. M-2019-003] ABSTRACT: The transaction involves the proposed joint venture (JV) among Bases Conversion and Development Authority (BCDA), National Housing Authority (NHA), and Primelux Holdings Development, Inc…. continue reading ››
Commission Decision No. 41-M-049/2017 Joint Venture between Prime Metro Power Holdings Corporation and San Lorenzo Ruiz Builders & Developers Group, Inc. (Wawa JVCo) ABSTRACT: The proposed transaction is a joint venture between San Lorenzo Ruiz Builders & Developers Group, Inc. (SLRBDGI) and Prime Metro Power Holdings Corporation (PMPHC) to form the “Wawa JVCo.” The… continue reading ››
Commission Decision No. 28-M-037/2017 Joint Venture by Federal Land, Inc. and Orix Risingsun Properties, Inc ABSTRACT: Federal Land, Inc, leading Philippine real estate developer and wholly-owned subsidiary of GT Capital Holdings, Inc. shall be entering into a joint venture with Orix Risingsun Properties, Inc. The joint venture shall be undertaken by the Parties for… continue reading ››