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Megawide kicks off P6B fundraising

Manila Bulletin

|

March 26, 2025

After a slight delay, Megawide Construction Corp. is kicking off its P6 billion Series 6 preferred shares offering after receiving the permit to sell (PTS) from the Securities and Exchange Commission (SEC) on March 24, 2025.

- BY JAMES A. LOYOLA

“With the PTS, the company and the syndicate can commence with the public offer period, which will run from March 26 to April 4, 2025 and a targeted listing date on April 14, 2025,” Megawide said in a disclosure to the Philippine Stock Exchange (PSE).

PNB Capital and Investment Corp., RCBC Capital Corp., and Security Bank Capital Investment Corp. are the joint issue managers, joint lead underwriters, and joint bookrunners for the exercise.

The SEC said the tentative schedule for the offering was March 10 to 19, with the shares to be listed on the main board of the PSE on March 28.

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16 DPWH personnel in Bulacan suspended over ‘ghost’ projects

The suspension order was endorsed by Vargas to DPWH Secretary Vince B. Dizon last Thursday, Sept. 18.

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QCPD, Makati police remind rallyists to observe safety, discipline

The Quezon City Police District (QCPD) on Friday, Sept. 19, reminded those who will join rallies and public assemblies in the city to police their ranks, observe safety measures, and opt for peaceful assemblies.

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Mayor Maan on Marikina floods receding in less than 24 hours: 'Not magic, but community strength

Marikina City Mayor Maan Teodoro said the fast-receding floods in the city, despite it being a natural valley, is not magic but the strength of a community that refuses to give up, built on disaster resilience and the discipline of Marikeños.

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Offshore wind auction faces port challenge

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1 min

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Billions for concrete, pennies for nature

In the proposed P6.793-trillion 2026 National Budget, the Department of Environment and Natural Resources (DENR) is allocated just a sliver of the pie—less than one percent of total appropriations.

time to read

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Vayson out to strike gold vs Collazo

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FEU opens Unity Cup bid

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PBBM signs right-of-way law to speed up infra projects

President Marcos has signed into law Republic Act No. 12289, or the Accelerated and Reformed Right-of-Way (ARROW) Act, introducing sweeping reforms to speed up the acquisition of property for infrastructure projects while ensuring just compensation for landowners.

time to read

2 mins

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CHED-PCG partnership brings disaster resilience to higher education

To strengthen disaster resilience, environmental stewardship, and community service training in higher education programs, the Commission on Higher Education (CHED) on Wednesday, Sept. 17, signed a landmark Memorandum of Agreement (MOA) with the Philippine Coast Guard (PCG).

time to read

1 min

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