Tag: Megaworld

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Megaworld raises P2.24B from sale of MREIT shares

Property Context.ph Context.ph -
Megaworld Corp., the listed property development business of billionaire Andrew Tan, said it has sold 168.6 million ommon shares of its sponsored retail estate and investment trust, MREIT Inc., in a block sale transaction that raised around P2.24 billion before fees and taxes.

Megaworld expands retail footprint 

Property Context.ph Context.ph -
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is accelerating the expansion of its retail and commercial portfolio, adding over 30,000 square meters of new space this year through its retail arm, Megaworld Lifestyle Malls. 

EEI wins P19.1B worth of new projects

Corporate Context.ph Context.ph -
EEI Corp., one of the country’s leading construction firms, announced a major boost in its third-quarter project acquisitions for 2025, securing contracts worth a total of P19.1 billion, a significant turnaround from last year.

Alliance Global 1H profit soars on Megaworld gains

Corporate Context.ph Context.ph -
Alliance Global Group Inc., the listed investment holding company led by tycoon Andrew Tan, reported a 60 percent surge in net income to P14.04 billion in the first half...

Megaworld raises P1.17B from sale of MREIT shares

Corporate Context.ph Context.ph -
Megaworld Corp., the property development arm of billionaire Andrew Tan, said it raised P1.71 billion from the sale of 84.8 million shares of its real estate investment trust MREIT, Inc. The shares were priced at P13.82 per share.
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