Tag: Megawide

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Megawide wins multi-billion-peso contracts from Megaworld

Corporate Context.ph Context.ph -
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

Corporate Context.ph Context.ph -
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. 

Megawide hikes dividend policy  to 50% 

Corporate Context.ph Context.ph -
Megawide Construction Corp. announced that its board of directors has approved a revised dividend policy, increasing the percentage of net income allocated for dividends. Under...

Megawide to settle Citicore advances

Corporate Context.ph Context.ph -
Megawide Construction Corp. has signed an agreement to settle its receivables from Citicore Power Inc. (CPI) through a share transfer deal involving Citicore Renewable Energy Corporation (CREC).

Megawide lists P5.3B preferred shares on PSE

Corporate Context.ph Context.ph -
Megawide Construction Corp. has listed on the Philippine Stock Exchange its Series 6 Preferred Shares that raised P5.3 billion, an amount that is 1.7 times more than the base P3.0 billion offering, underscoring strong investor interest in the listed construction firm.
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US flags PH labor enforcement, eyes tariff

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The Office of the United States Trade Representative (USTR) has found that the Philippines' failure to prohibit and effectively block imports of goods produced with forced labor may unfairly burden US commerce, exposing Philippine exports to potential new tariffs under a Section 301 investigation.

VICT adds hybrid carriers to expand capacity, cut emissions at Port of Melbourne

Transport & Logistics 0
Victoria International Container Terminal (VICT), the fully automated facility run by International Container Terminal Services, Inc. (ICTSI) at Australia’s Port of Melbourne, has deployed four new Kalmar hybrid automatic container carriers as part of its expansion plan.

DOE transfers power sector function to BARMM-MENRE under new transition deal

Energy & Mining 0
The Department of Energy (DOE) and the BARMM’s Ministry of Environment, Natural Resources and Energy (MENRE) have signed two key agreements: a Transition Agreement (TA) on power and electrification, and a Memorandum of Cooperation (MOC) on energy efficiency.

Puregold, GCash push digital shift for stores 

Communications & Technology 0
Puregold Price Club, Inc. and GCash are expanding digital payment and financial management tools for sari-sari stores, a move aimed at accelerating financial inclusion and helping thousands of small retailers modernize their operations.

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