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...
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...
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...
Megawide Construction Corporation reported a 69 percent jump in net income to P562 million in the first nine months of 2024 from the P332.5 million it earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the performance was driven by higher...
Megawide Construction Corporation has opted to completely divest its remaining minority stake in Aboitiz GMR Megawide Cebu Airport Corporation’s (AGMCAC) operator of the award-winning Mactan Cebu International Airport (MCIA) for P7.76 billion. In a disclosure to the Philippine Stock Exchange,...
Engineering and infrastructure firm Megawide Construction Corporation registered a 21 percent growth in consolidated net income for the first six months of the year to P438 million as construction operations sustained its strong momentum. In a disclosure to the Philippine Stock Exchange, the...
Megawide Construction Corporation, an infrastructure and engineering firm led by tycoon Edgar Saavedra, has listed P5 billion worth of Fixed-Rate Bonds at the Philippine Dealing and Exchange Corp. (PDEx) after an oversubscribed public offering. In a disclosure to the Philippine Stock Exchange, the...
Engineering and infrastructure firm Megawide Construction Corporation has listed P5.0 billion Fixed-Rate Bonds (inclusive of the P1.0 billion oversubscription option) at the Philippine Dealing and Exchange Corporation (PDEx). In a disclosure to the Philippine Stock Exchange on July 11, 2024,...
The Securities and Exchange Commission (SEC) has approved the planned bond offering of Megawide Construction Corporation worth up to P5 billion. In its meeting on June 18, the Commission En Banc resolved to render effective the registration statement of Megawide covering up to P4 billion of...
