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Megaworld hiking capital to boost growth
The Philippine Star
|March 26, 2024
Real estate giant Megaworld Corp. is beefing up its authorized capital by P5.5 billion to support future business expansions.
In a stock exchange filing, Megaworld said its board approved the amendments to its articles of incorporation that will allow the company to expand its capital base.
With the amendment, the listed premier township developer of Andrew Tan intends to hike its authorized capital stock to P45.7 billion from P40.2 billion at present.
Megaworld said hiking its authorized capital stock would support growth in line with the company’s strategies and directions.
Cette histoire est tirée de l'édition March 26, 2024 de The Philippine Star.
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