CONGLOMERATE Ayala Corp. Continues to scout for enterprise opportunities inside the energy, water and actual estate sectors in Indonesia in a bid to further make bigger its footprint globally, a top agency legit said.
“We’re usually seeking out acquisitions. We’re seeking out acquisition possibilities in the power space to grow our portfolio and with a bit of luck diversify it in phrases of thermal versus renewable ability,” Paolo Maximo F. Borromeo, AC coping with director, informed reporters on the sidelines of the Asian Venture Capital Journal Forum on Wednesday.
“And we would be open to looking at opportunities remote places, together with Indonesia, in strength, water and actual property,” Borromeo said.
Borromeo stated Indonesia is an attractive market where the Ayala institution can unfold its business expertise because the Indonesian marketplace is intently just like that of the Philippines.
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