In a disclosure to the Philippine Stock Exchange, MPIC said these were made through a series of transactions in common shares in Metro Pacific Hospitals and in mandatorily exchangeable bonds issued by MPIC.
The capital will also be used to grow the Company’s existing subsidiaries, associates, and joint ventures. The Company is focused on delivering high-quality healthcare solutions to patients at a time when more Filipinos are seeking premium medical services, driven by rising per capita incomes and rapid urbanization.
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