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...
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...
PH1 World Developers (PH1WD), the real estate arm of Megawide Construction Corp. (Megawide), has started construction of a P1.5-billion mid-rise condominium development in Imus City, Cavite. The project is under the government’s “Pambansang Pabahay Para sa Pilipino Housing (4PH) Program” and...
Engineering and infrastructure firm Megawide Construction Corporation bounced back to profitability with a consolidated net income of P183.4 million in the first quarter of 2024 from the P7.4 million net loss in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Megawide Construction Corporation reported that its Precast and Construction Solutions (PCS) unit is supplying precast double tee slabs for the North Luzon Expressway’s Candaba Viaduct expansion by working closely with Leighton Asia. In a statement, Megawide said the project, which involves...
Engineering and infrastructure firm Megawide Construction Corporation’s planned P5-billion bond offering has been assigned an Issue Credit Rating of PRS Aa, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). Megawide plans to offer bonds worth P4 billion, with an...
Engineering and infrastructure firm Megawide Construction Corporation has bagged the contract to construct the newest Landers Store which will be built in Aseana City. In a statement, the firm said the project will further bolster Megawide’s class as the premier builder of these modes of...
Megawide Construction Corporation reported a turnaround in its 2023 performance to a consolidated net income from continuing operations of P269 million from the P1.87 billion consolidated net loss incurred in 2022. In a disclosure to the Philippine Stock Exchange, the firm reported consolidated...
Megawide Construction Corporation is planning to raise up to P5 billion from a bond offering that was approved by its board of directors last April 12. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board has authorized the offering of peso-denominated fixed rate bonds...
Real estate firms PH1 World Developers (PH1WD), a unit of Megawide Construction Corporation, and ProFriends have forged a joint venture Famtech Properties (Famtech) to develop a property in Imus City, Cavite. COLLABORATION SEALED: PH1WD project director Spike Ching (from left), PH1WD President Gigi...