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...
Megawide Construction Corporation, through its Precast and Construction Solutions (PCS) unit, made another strong impression at the Philconstruct 2024 Expo, held at the World Trade Center and SMX Convention Center from November 7 to 10, 2024. “Our participation in Philconstruct 2024...
Megawide Construction Corporation will be holding its special meeting of stockholders on December 10, 2024, Tuesday, at 2:00 P.M. via remote communication and accessed is through the link available in the Company’s website.
Megawide Construction Corporation will be holding its special meeting of stockholders on December 10, 2024, Tuesday, at 2:00 P.M. via remote communication and accessed is through the link available in the Company’s website. A copy of the official announcement published...
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 Corp. was slapped with a P1.3-billion arbitration claim by HT Land Inc. in relation to the construction of the P10-billion second phase of the Mandani Bay Quay development in Mandaue City, Cebu. In a regulatory filing on Thursday, Nov. 4, Megawide said it received a request...
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,...
Megawide Construction Corporation is planning to raise about P7.6 billion from the issuance of its Series 6 preferred shares, via share subscription and a follow-on offering, after increasing its authorized capital stock to P5.18 billion. In a disclosure to the Philippine Stock Exchange (PSE), the...
By DERCO ROSAL Construction activity in the country declined in August due to reduction in residential and commercial building projects, data from the Philippine Statistics Authority (PSA) showed. The PSA reported that the number of constructions based on approved building permits fell by 7.5...
