The offer period of the preferred shares runs from March 26 to April 4 with a target listing date on April 14, 2025.
Infrastructure conglomerate Megawide Construction Corp (PSE:MWIDE) is raising up to P6 billion by selling up to 60 million preferred shares at P100 each this month.The offering period of the preferred shares shall run from March 26 to April 4 with ...
Megawide is a listed company responsible for the Mactan–Cebu International Airport, the Parañaque Integrated Terminal Exchange (PITX), and the Clark International Airport Passenger, among many other private engineering and infrastructure projects. Read the story of its co-founder, Edgar Saavedra.
The story of Edgar Saavedra is one that resonates with determination, foresight, and a knack for seizing opportunities, even in the direst of situations.Upon graduating from De La Salle University with a degree in Civil Engineering, Edgar Saavedra was eager to ...
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 ...
We talk to the project proponent, the vendors, and the mayor of Cebu City to get to the bottom of the Carbon Market redevelopment project.
Sixty-four-year-old Lucena Obelza has been running her general merchandise store at the old Freedom Park complex at Carbon Market in Cebu City for 40 years. Business was so good back then that she would regularly earn about P300,000 ...
A closer look at Megawide’s divestment from the company that operates the Mactan Cebu International Airport.
Megawide Construction Corp (PSE: MWIDE) and its partner are selling off their shares in GMR-Megawide Cebu Airport Corporation (GMCAC), the developer and operator of Mactan Cebu International Airport, to Aboitiz InfraCapital for a total deal value of P25 billion.MWIDE, which ...
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 ...
Infrastructure conglomerate Megawide Construction Corp (PSE:MWIDE) is raising up to P4 billion by selling up to 40 million preferred shares at P100 each this month.The offering period of the preferred shares shall run from October 13 to 19 with a ...
Clark International Airport (CIA) is a finalist in the prestigious Prix Versailles, an annual international awards organization. The airport is up for best architecture and design airport projects in the world and will compete against Berlin Brandenburg Airport Willy Brandt in Germany; ...
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 ...
Just weeks after it lost the Original Proponent Status (OPS) for the rehabilitation of the Ninoy Aquino International Airport, Megawide is bouncing back with a new project. The listed engineering and construction firm announced on Monday that it had formally entered into ...
The airport authority has withdrawn Original Proponent Status from Megawide and its foreign partner.
On Tuesday, the Manila International Airport Authority (MIAA) withdrew Megawide Construction Corp. and its foreign partner's Original Proponent Status (OPS) for the rehabilitation of the Ninoy Aquino International Airport. The news was relayed to Megawide's representative Manuel Ferrer through a ...
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 ...
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