Maharlika investments hit P18.8 billion in 6 months
The Maharlika Investment Corp. ramped up its capital deployment in the first half, investing P18.8 billion across key industries, while it awaits the national government (NG)’s remaining P50-billion contribution to its mandated initial capitalization.
In the first half of 2026, the Maharlika Investment Corp. (MIC) deployed a significant P18.8 billion capital across various industries, according to a statement released yesterday. This investment, which brings the fund's cumulative deployed capital to P24.7 billion as of June 30, included major transactions such as extending a P15-billion working capital loan to Petron Corp. for operational needs and expanding its stake in port operator Asian Terminals Inc. (ATI) through a P4.79-billion investment.
The company's success in first-half performance is attributed to its rapid progress from foundation-building to active capital deployment, as stated by MIC president and CEO Rafael Consing Jr. During the January to June period, MIC's deployed investments generated P2.09 billion in portfolio returns, including dividends, loan interest, realized gains, and equity holdings appreciation.
The fund's total assets stood at P129.5 billion as of June 30, with P53 billion in cash and cash equivalents to maintain agility for future transactions. However, the national government has yet to remit its P50-billion contribution to MIC's P125-billion initial capitalization, leaving the release subject to various budgetary, documentary, and approval processes.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
