EVBO of MRT Corporation Implementation

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EXECUTIVE ORDER NO. 126: EVBO of MRT Corporation Implementation

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Title Source: Supreme Court: EVBO of MRT Corporation Implementation

Law: Executive Order No. 126

Decision Date: Feb 28, 2013

Executive Order No. 126 repeals a previous order and authorizes the implementation of the Equity Value Buyout (EVBO) of the Metro Rail Transit Corporation (MRTC) in the Philippines, aiming to improve the efficiency and safety of the MRT Line 3, resolve an arbitration case, and manage the financial burden of the Build-Lease-Transfer Agreement (BLT Agreement).

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