Jamaine Punzalan

The Asian Terminals Incorporated (ATI0  building is seen in this photo taken on August 25, 2025. Jonathan Cellona, ABS-CBN News

Article (news)

GOVERNMENT OFFICES

Benise Balaoing

ABS-CBN News

MANILA -- The Maharlika Investment Corporation (MIC) is buying 11.2 percent of Asian Terminals Inc.In a statement, Asian Terminals said it was moving to voluntarily delist from the Philippine Stock Exchange after receiving an offer from the MIC to conduct a tender offer for a portion of its public float shares. Asian Terminals said Maharlika was offering to buy shares at P36 per share.The company said delisting from the state bourse would allow it to move forward with plans for efficiency, infrastructure modernization, and market development.The port operator said it would hold a special shareholders&#x27; meeting on January 30, 2026, for its stockholders to approve the delisting. It will also seek approval from the Securities and Exchange Commission.Asian Terminals operates the Manila South Harbor, the Port of Batangas, Batangas Container Terminal, and off-dock yards in Sta. Mesa, Manila, and Calamba, Laguna.Before moving to get a stake in Asian Terminals, the state sovereign wealth fund also acquired a 20 percent stake in the <a href="https://www.abs-cbn.com/news/business/2025/1/27/maharlika-fund-investing-in-ngcp-malaca-ang-1729" rel="noopener noreferrer" target="_blank">National Grid Corporation of the Philippines (NGCP)</a>.

Maharlika Investment Corporation is buying 11.2 percent of Asian Terminals Inc.

Maharlika Investment Corp to buy stake in Asian Terminals

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Maharlika Investment Corp to buy stake in Asian Terminals

Benise Balaoing,

ABS-CBN News

Published December 16, 2025 12:10 PM PHT

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Updated December 16, 2025 12:45 PM PHT

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Maharlika

Asian Terminals

ports

Maharlika Investment Corporation

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