Megawide Construction Corp.’s (Megawide) engineering, procurement, and construction (EPC) unit will commence with the construction of the ₱1-billion Block-2 of the ongoing Carbon Market redevelopment. The scope of work under the design and build contract for the Block-2 vertical structure...
After a slight delay, Megawide Construction Corporation is kicking off on March 26 its ₱6 billion Series 6 Preferred Shares Offering after receiving the Permit to Sell (PTS) from the Securities and Exchange Commission (SEC) on March 24, 2025. “With the PTS, the Company and the syndicate...
The Securities and Exchange Commission (SEC) has approved Megawide Construction Corporation’s planned public offering of up to ₱5.95 billion worth of preferred shares. In its meeting on Feb. 25, the Commission En Banc resolved to render effective Megawide’s registration statement covering a...
PH1 World Developers Inc. (PH1WD), the property development arm of Megawide Construction Corporation, reported robust sales amounting to ₱1.6 billion for its residential community in the province of Cavite. In a statement, the firm said One Lancaster Park (OLP)—a multi-tower development located...
The Department of Trade and Industry (DTI), through the Construction Industry Authority of the Philippines (CIAP), has formalized a partnership with the National Security Council (NSC) to initiate an assessment of national security threats within the country’s construction projects. DTI Secretary...
Engineering and infrastructure conglomerate Megawide Construction Corporation and Maplecrest Group Inc. (MGI), through the joint venture Cavite Rapid Transport Inc., have signed the contract for the P1.87 billion Cavite Bus Rapid Transit System Project (CBRT) with the Provincial Government of...
PH1 World Developers Inc. (PH1WD), the residential real estate unit of Megawide Construction Corporation, is planning to launch at least P14.3 billion worth of projects this year. In an interview during the launch of new projects for 2025, PH1WD Chairman Edgar Saavedra said they are launching...
The Securities and Exchange Commission has approved the plan of Saavedra-led Megawide Construction Corporation to raise up to P6 billion from the issuance of preferred shares. In a disclosure to the Philippine Stock Exchange, the firm said the SEC has issued on January 23, 2025 the Certificate of...
Engineering and infrastructure firm Megawide Construction Corporation is setting a P1.8 billion capital expenditure budget for 2025, an increase of 50 percent over the estimated P1.2 billion it spent last year. In an interview, Megawide Chairman Edgar Saavedra said this year’s capex will be...
Engineering and infrastructure firm Megawide Construction Corporation has acquired 100 percent ownership of Megawide GMR Construction JV Inc. (JV), the developer of the Clark International Airport Project, after buying out its partners in the joint venture. In a disclosure to the Philippine Stock...
Megawide Construction Corporation has formally received the Notice of Award for the P1.87 billion Cavite Bus Rapid Transit (BRT) project from the Office of the Provincial Governor of Cavite. In a disclosure to the Philippine Stock Exchange (PSE), Megawide said the notice dated Dec. 26, 2024, states...
Two proposed transport infrastructure projects by Megawide Construction Corporation and Maplecrest Group, Inc. are now under comparative challenge status, according to the Public-Private Partnership (PPP) Center. The Cavite Bus Rapid Transit (BRT) System and the Baguio City Integrated Terminal...
