Tag: Megawide

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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. 

Megawide hikes dividend policy  to 50% 

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

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

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

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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BSP hails JCR assessment affirming country’s economic resilience

The Bangko Sentral ng Pilipinas has welcomed a favorable assessment from Japan Credit Rating Agency highlighting the country’s continued economic resilience against global disruptions. The evaluation reinforces international confidence in the country’s capacity to absorb financial volatility, ensuring that domestic growth remains steady even during periods of global market instability and rising geopolitical tension.

Jollibee Group chief highlights global potential of ASEAN brands at business summit 

The Jollibee Foods Corporation continues to leverage international store expansion to drive business growth, as its top executive emphasized the capacity of Southeast Asian brands to establish a strong presence in the global market during a regional summit in Pasay City.

Getting the electric car right

A Toyota is not a car that makes you want to write poetry. It is a car you get into, press the start button, select Drive, and take wherever you need to go. No drama, no complicated rituals, no need to call the children over to explain how to operate the touchscreen.

JG Summit to buy 37B OPMC shares from unit

JG Summit Holdings Inc., the listed investment holding company of the Gokongwei Group, plans to acquire nearly 37.1 billion common shares in listed Oriental Petroleum and Minerals Corp. (OPMC) from its wholly owned subsidiary, consolidating its investment in the oil and gas company at the parent level.

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