Engineering and infrastructure firm Megawide Construction Corporation plans to raise ₱3 billion from its second preferred share issuance this year, as it aims to more than double its order book to a record ₱48 billion. During the firm’s annual stockholders’ meeting, Megawide Chief Finance...
BACOLOD CITY – A 55-year-old construction worker was killed by the concrete wall of a hotel comfort room that collapsed at the Goldenfield Commercial Complex in Barangay Singcang-Airport here on Friday, June 20. The Bureau of Fire Protection (BFP)-Bacolod took the victim Arnel, a resident of...
Aboitiz Construction has diversified into the business of providing maintenance services to the Aboitiz Group’s airport and property units, in order to expand its portfolio beyond construction to long-term operations and asset upkeep. In a statement, the firm announced that this new business...
Engineering and infrastructure firm Megawide Construction Corporation is planning to raise ₱4 billion from another issuance of preferred shares after its oversubscribed issuance last April. In a disclosure to the Philippine Stock Exchange, the firm said it is increasing the company’s authorized...
The Department of Public Works and Highways (DPWH) has institutionalized the use of polyethylene terephthalate (PET) plastic bottle waste in asphalt mixtures as a standard for national road construction to enhance pavement durability and promote sustainable infrastructure. This follows the...
Megawide Construction Corporation’s real estate subsidiary PH1 World Developers, Inc. has turned profitable, boosting the engineering conglomerate’s first quarter financial results. In a disclosure to the Philippine Stock Exchange, Megawide reported that its net income for the first quarter of...
PAKIL, Laguna – The contractor of a bridge here said on Tuesday that they were not blacklisted by the Department of Public Works and Highways after the infrastructure collapsed in 2019. Curlee Discaya, chief executive officer of Saint Gerrard Construction, issued the statement after...
Megawide Construction Corporation has raised ₱5.3 billion from its oversubscribed offering Series 6 Preferred Shares which it has listed on the Philippine Stock Exchange (PSE) on April 14, 2025. In a disclosure to the bourse, the firm said the offer was 1.7 times oversubscribed from the...
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...
