Megawide launches P6-B share offering
Business World Philippines
|March 26, 2025
SAAVEDRA-LED infrastructure conglomerate Megawide Construction Corp. will open the offer period for its pre- ferred shares, valued at up to P6 billion, on Wednesday, March 26, until April 4.
“We intend to use the proceeds from the offer to refinance our Series 4 preferred shares, fund our growth projects — particularly in real estate — and support general corporate purposes,” Megawide Chief Financial Officer Jez G. Dela Cruz said in a statement on Tuesday.
The company received a permit to sell its Series 6 preferred shares from the Securities and Exchange Commission (SEC) on March 24.
Cette histoire est tirée de l'édition March 26, 2025 de Business World Philippines.
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