Tag: Megaworld

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Megaworld reinvests P2.21B in MREIT projects

Corporate Context.ph Context.ph -
Megaworld Corp., the property arm of billionaire Andrew Tan, announced it will reinvest P2.21 billion into township development projects under its real estate investment trust (REIT) vehicle, MREIT Inc. The move follows the sale of 168.6 million MREIT common shares, averaging P13.28 per share, which generated the reinvestment proceeds.

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...
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P3B fuel subsidy targets farmers, fishers, truckers 

Agriculture 0
The government is rolling out P3 billion in fuel subsidies this month for about 300,000 farmers, fisherfolk and agricultural truckers as elevated oil prices and El Niño squeeze production and distribution costs.

Over a thousand volunteers join Jollibee Group coastal cleanup drive

Corporate Bulletins 0
More than 90 employees from the Jollibee Group and its brands—Jollibee, Mang Inasal, Chowking, and Greenwich—joined the global International Coastal Cleanup here on September 19, 2026, collecting over 400 kilograms of waste from shorelines.

Analysts: GCash IPO mid-price not a warning sign; valuation attractive 

Corporate 0
Setting the initial public offering price of Mynt Inc., the operator of GCash, at P6.60 per share—near the lower end of its indicative range—does not signal trouble, according to market watchers. The figure lands close to the mid-point of the original P10-per-share indicative price band.

BCDA deepens Japan ties across Luzon economic hubs

Trade & Investments 0
The Bases Conversion and Development Authority (BCDA) Group has secured three agreements with Japanese companies to explore infrastructure-resilience and energy-efficiency projects at major economic hubs in Luzon, as the Philippines seeks to deepen Japanese investment beyond individual facilities.

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