A Brown Company, Inc. (ABCI) has just amended its Joint Venture Agreement with Get Philippines, Inc. In a disclosure at the Philippine Stock Exchange (PSE), ABCI announced that its board of directors approved on December 12, 2023, some proposed amendments to the said joint venture to create, promote, operate and manage the ABC Electric Shuttle Service as a clean, efficient, modern and green mass transport system in Cagayan de Oro. The project planned to own an initial ten (10) Community Optimized Managed Electric Transport (COMET) electric vehicles that will be deployed in the city.
The approved amendments to ABCI’s disclosure last February 21, 2023 are as follows:
Shown below is the first unit of COMET E-Bus spotted charging at SM City CDO Uptown.
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