Tag: Megawide

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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.

Megawide begins P1.1B Carbon Market Block-2 Project

Corporate Context.ph Context.ph -
Megawide Construction Corp. has announced the commencement of its engineering, procurement, and construction (EPC) unit's work on Block-2 of the ongoing Carbon Market redevelopment in Cebu.
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DICT pushes GOCC plan for eGovPH app

Communications & Technology 0
The Department of Information and Communications Technology (DICT) is proposing the creation of a government-owned and controlled corporation (GOCC) to manage the eGovPH app, aiming to make the platform financially sustainable and improve its operations.

BSP consults stakeholders on financial education roadmap

Banking & Insurance 0
The Bangko Sentral ng Pilipinas is leading the development of a new National Strategy for Financial Education (NSFE) aimed at improving the financial health of Filipinos by helping them make better money decisions.

Apex profit surges, plans $300M copper project

Energy & Mining 0
Apex Mining Co. Inc. nearly doubled first-quarter earnings as soaring gold prices offset weaker production, while the listed miner unveiled an aggressive capital spending program anchored on a planned USD300-million copper project and the expansion of its Maco mine operations.

Alliance Select earnings hit by extended plant shutdown

Corporate 0
Alliance Select Foods International Inc. swung deeper into the red in the first quarter as an extended plant shutdown, softer demand in key segments, and elevated operating costs weighed heavily on the seafood processor’s performance, prompting management to roll out cost and efficiency measures to stabilize operations.

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