Top Line Business Development Corp., through subsidiaries Light Fuels Corp., Vikingland Corp., and Pier Eighty-Eight Ventures Inc., has signed a Memorandum of Understanding with Japan-based Jigowatts Inc. to explore EV charging station deployment across its portfolio. Initial deployment is targeted for the first half of 2027, with potential sites including select Light Fuels service stations, Bay Mall in Liloan, Cebu, and smart port Pier88, though specific locations remain subject to evaluation.
Why it matters: The MOU signals a multi-site charging opportunity for CPOs and equipment suppliers targeting the Philippines market, with deployment across fuel retail, shopping and port infrastructure. The 2027 timeline gives procurement teams a window to position for tenders as Topline evaluates site feasibility and charging specifications.