Tag: Megawide

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Megawide powers forward with oversubscribed listing

Megawide Construction Corp. charged into year-end with fresh momentum as it successfully listed P3.0 billion worth of Series 7 Preferred Shares on November 19, an offer that ended 2.3 times oversubscribed.

Megawide’s PH1 9-month sales more than double

Megawide Construction Corp.’s real estate arm, PH1 World Developers Inc., achieved a remarkable P3.38 billion in sales for the first nine months of 2025—more than double the P1.59 billion recorded during the same period last year. This strong performance already represents 94 percent of full‑year 2024 sales, putting the group on track to surpass last year’s total ahead of schedule.

Megawide wins bid for Baguio transport terminal

Megawide Construction Corp. said it has received the Notice of Award designating the company as the private sector proponent for the P1.8-billion Baguio City Integrated Terminal (BCIT) Project. The notice was issued by the Office of the Mayor of Baguio City.

Megawide wins multi-billion-peso contracts from Megaworld

Megawide Construction Corp. has secured two new multi-billion-peso contracts from property giant Megaworld Corp. to build residential towers in two of its township developments in Metro Manila, cementing their long-standing partnership.

Megawide launches P2B share buyback program

Megawide Corp. has joined the growing list of Philippine listed firms initiating share buyback programs, announcing a P2 billion plan to repurchase its common shares on the open market. 

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PNB Holdings, First Gen expand ties with 5MW renewable energy supply deal

PNB Holdings Corporation (PHC), the real estate arm of Philippine National Bank, has signed a deal with First Gen Group, the country’s leading renewable energy firm, for the direct supply of over 5 megawatts (MW) of clean power to two of its flagship properties, deepening ties between the Lucio Tan Group and the energy company.

NLEX Corp. Six-month net income rises 2% to ₱7.46B; toll gains offset traffic dip, cost pressures

NLEX Corporation reported a 2 percent rise in first-half 2026 net income, climbing to ₱7.46 billion from ₱7.33 billion in the same period a year earlier, as higher toll revenues countered softer traffic volumes and steeper operating and maintenance costs driven by an ongoing fuel price crisis.

ChatGPT can read your personality before you do

ChatGPT may be doing more than writing emails, brainstorming ideas, and settling arguments about dinner. New research suggests the AI can also create personality tests—and predict how people will answer them.

Harbor Star leads PSE weekly gainers, Swift Foods slides

Harbor Star Shipping Services Inc. led the Philippine Stock Exchange’s (PSE) weekly price gainers, while Swift Foods Inc. posted the steepest decline, according to the latest PSE market data.

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