Corporate

Megawide secures regulatory nod to raise up to P5 billion via fixed-rate bond issue

Megawide Construction Corp. said Wednesday it secured regulatory approval to offer up to P5 billion worth of fixed-rate bonds, including P1 billion to cover excess demand.

Filinvest Land unit wins contract to lease office space for NBI headquarters

Filinvest Land Inc., the property development arm of the Gotianun Group, said Wednesday its office business unit Filinvest Cyberparks Inc. recently won the bid for the lease of office space to house the main office of the National Bureau of Investigation. The bid is part of NBI's forthcoming relocation to prime office spaces within Filinvest Cyberzone Bay City in Pasay City.

Maynilad penalized for water quality issues in Caloocan

Maynilad Water Services Inc. said it will abide by the decision of the Metropolitan Waterworks and Sewerage Services-Regulatory Office (MWSS-RO) to refund Caloocan City residents who experienced water quality issues.

Megaworld COO promoted as president

The board of Megaworld Corporation, the property development arm of Andrew L. Tan, has appointed Lourdes T. Gutierrez-Alfonso as its president, effective immediately.

SM Prime lists initial P25 billion tranche of fixed-rate retail bonds

SM Prime Holdings, Inc., one of the largest integrated property developers in the country and part of the SM Group, has listed  its P25 billion fixed-rate retail bonds at the Philippine Dealing and Exchange Corp.

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