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More articles about: Edgar Saavedra
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Megawide did not declare dividends in the past three years due to the mounting losses it incurred during the pandemic.
Megawide Construction Corp (PSE: MWIDE) declared last week that it would be paying a special cash dividend of P0.50 per share, representing a dividend yield of 11.9 percent based on the current share price.The cash dividends, which will be paid out of ...
Awarded by the DOTr.
Listed Megawide Construction Corp. will construct underground stations for North and South Ortigas as well as tunnels connecting the two locations of the Metro Manila Subway, the company announced Thursday. The contract was awarded by the Department of Transportation to Megawide and its ...
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It’s the country’s sixth REIT.
Citicore Energy REIT Corp (PSE: CREIT) will be the third company that will go public this year after it obtained approval from regulators to raise up to P6.4 billion in an initial public offering.CREIT will sell up to 1.0 billion primary shares ...
The project is located at Entertainment City in Parañaque.
Listed Megawide Construction Corp. has been awarded contracts amounting to P26.3 billion to develop the Westside City Resorts World project of Suntrust Home Developers, Inc. Suntrust is the Philippine unit of Hong Kong listed Suncity Group Holdings Limited (Suncity). The announcement comes over ...
Engineering and construction company insists everything is above board.
Listed Megawide Construction Corp was put on the defensive on Wednesday (December 2), after reports surfaced that it was being investigated by the National Bureau of Investigation and facing charges related to violations of the Anti-Dummy Law. In a disclosure to the Philippine ...
The construction company is raising up to P5 billion through preferred shares.
Infrastructure conglomerate Megawide Construction Corp (PSE:MWIDE) is raising up to P5 billion by selling up to 50 million preferred shares at P100 each to the public.The offering period of the preferred shares shall run from November 10 to 17 with a target ...
It's part of the DOT'’s North-South Commuter Railway project.
The contract for the Malolos-Clark Railway Project (MCRP) Package 1 has been awarded to a joint venture between Megawide Construction Corporation and Korean companies, Hyundai Engineering & Construction Co., Ltd. (Hyundai E&C) and Dong-ah Geological Engineering Company Ltd. (Dong-ah).Top Story: The 15 Most ...
It’s the first loss in the company’s history.
Listed Megawide Construction Corp. (MCC) reported a net loss of P398 million during the first half of 2020, the first time it has recorded negative earnings in its corporate history. Also read: Sultan Kudarat: The Philippines's Most Powerful Sultan Consolidated revenues was at P6.44 billion, ...
The project will increase capacity at Clark Airport to eight million passengers annually.
Over two years since it bagged the contract to build a new passenger terminal building (NPTB) for the Clark International Airport, the Megawide GMR Consortium announced that it has completed the project. Megawide CEO Edgar Saavedra posted photos of the completed NPTB project ...
