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...
Project sponsor-firm MGen Renewable Energy Inc. (MGreen), which is a subsidiary of Meralco PowerGen, has cemented a deal with affiliate Meralco Industrial Engineering Services Corporation (MIESCOR) for some construction components in the conglomerate’s $4.0 billion Terra Solar project. In a...
BuildHub PH, an online marketplace focused on construction, has teamed up with the Bank of the Philippine Islands (BPI) to support construction businesses in the country. In a statement, BuildHub PH said its partnership with the Ayala-led bank will offer contractors and hardware stores access to up...
State-run Bases Conversion and Development Authority (BCDA) has partnered with the Korean government agency National Agency for Administrative City Construction (NAACC) for New Clark City’s (NCC) urban planning, smart city development, green energy, and smart administrative systems. In a...
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...
PH1 World Developers (PH1WD), the property development arm of Megawide Construction Corporation, has secured a P500-million loan agreement with Bank of the Philippine Islands (BPI) for the development of its Northscapes project in San Jose Del Monte, Bulacan. In a statement, the firm said the fresh...
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...
