Last January, TPGI bagged the P600-million Nabua Water District (NAWAD) water supply deal in Camarines Sur, growing its footprint beyond the Visayas region.
Under the deal, TPGI will be in charge of the water supply and septage systems of NAWAD for 30 years until the year 2049, and is renewable for another 20 years.
Melvin Chan, Senior Director for TPGI
added, "It is a new partnership for us to work together with IFFS.
Melvin Chan, senior director for TPGI
, said the event was the "first of its kind in the world" to discuss how the three industries of hospitality, design and furniture can effectively work together.
Under the agreement, the Ayala-led water company and TPGI
shall own equally divide the capital stock of the joint company.
He said TPGI should be held liable for the false accusation.
TPGI claimed to have a partnership with Manila Water Co.
Billabong was forced to halt trading after its shares plummeted by 23 percent to AUD1.015, its lowest in three months, based on TPG(NASDAQ: TPGI
) withdrawal rumours.