मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
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Saavedra-led Megawide raises P3B in oversubscribed follow-on offering
Business World Philippines
|November 21, 2025
MEGAWIDE Construction Corp. raised P3 billion from its Series 7 preferred shares follow-on offering, which was oversubscribed 2.3 times, signaling investor confidence in the company’s expansion plans, its president said.
“The listing of our oversubscribed Series 7 preferred shares is a powerful vote of confidence and empowers us to pursue high-impact projects — projects that are real, deliverable, high quality, and capable of uplifting communities and our Philippine economy,” Megawide President and Chief Executive Officer Edgar B. Saavedra said in a statement on Thursday.
The public offer period ran from Oct. 30 to Nov. 10. Completed bids consisted of P1.16 billion for Series 7A and P1.84 billion for Series 7B, with final rates of 7.3131% and 7.7007%, respectively.
RCBC Capital Corp., SB Capital Investment Corp., and PNB Capital and Investment Corp. served as joint issue managers, joint lead underwriters, and joint bookrunners for the exercise.
यह कहानी Business World Philippines के November 21, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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