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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PH, Vietnamese utilities craft large-scale renewable energy programs in new MOU

Energy & Mining 0
Manila Electric Co. (Meralco) and its subsidiary Meralco PowerGen Corp. (MGen) have signed a memorandum of understanding (MOU) with Vietnam-based VinEnergo Energy Joint Stock Co. The partnership aims to strengthen energy security, improve system reliability, and support the country’s shift toward cleaner energy sources.

DOE to launch tender framework for nuclear power electricity rates

Energy & Mining 0
The Department of Energy (DOE) is preparing the bidding exercise that will set the production cost for pioneering nuclear power projects (NPPs) in the Philippines.

CreditSights keeps “Underperform” rating on PLDT, sees VITRO REIT IPO as credit positive

Corporate 0
CreditSights, a unit of Fitch Solutions, has retained its “Underperform” rating for PLDT Inc., even as it views the telecom firm’s planned data center real estate investment trust (REIT) initial public offering (IPO) as beneficial to its credit standing.

SEC revokes registration of Delisha Lending for regulatory breaches

Corporate 0
The Securities and Exchange Commission (SEC) has cancelled the corporate registration and lending license of Delisha Lending Investor and Trading Corp. due to repeated non-compliance and undisclosed operation of online lending platforms.

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