Saavedra-led engineering and housing firm Megawide Construction Corp. is aiming to declare a special cash dividend after it generated ₱4.5 billion from the sale of a nine-percent stake in Citicore Renewable Energy Corp. (CREC). “The second half of this year will be exciting and shape our...
Saavedra-led Megawide Construction Corp. is projecting that its net income will jump 52 percent to ₱1.82 billion next year from the target of ₱1.2 billion this year on the back of substantial savings from the reduction of debt as well as the improving performance of its construction and real...
Engineering and housing firm Megawide Construction Corp. posted a 26-percent jump in consolidated net income to ₱265 million in the first quarter of 2026 as its construction business remained strong amid the onset of the Middle East crisis. The firm reported to the Philippine Stock Exchange (PSE)...
Saavedra-led Megawide Construction Corp., an engineering firm also engaged in the infrastructure and housing businesses, reported a 24 percent growth in net income to ₱669 million in 2025 from ₱538 million in 2024 on the back of higher construction margins and stronger real estate sales. In a...
Megawide Construction Corp. raised ₱1.1 billion from the issuance of peso-denominated fixed-rate corporate notes, tapping the debt market to refinance existing obligations and bolster its balance sheet as it pivots toward government-backed housing projects. In a disclosure to the Philippine Stock...
Megawide Construction Corp. is raising ₱1.5 billion from the issuance of three-year, peso-denominated fixed-rate notes this month as it takes advantage of lower interest rates to refinance obligations. The firm informed the Philippine Stock Exchange (PSE) that the debt instrument will be enrolled...
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...
