Manila Electric Company (PSE:MER) acquired 5% stake in CIS Bayad Center, Inc. from Densan System Holdings Co., Ltd. (TSE:4072) for approximately PHP 240 million on December 9, 2024.

Manila Electric Company (PSE:MER) completed the acquisition of 5% stake in CIS Bayad Center, Inc. from Densan System Holdings Co., Ltd. (TSE:4072) on December 9, 2024.