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Megawide halts PHI IPO plans
Manila Bulletin
|February 9, 2026
Megawide Construction Corp. is indefinitely postponing the initial public offering (IPO) of its real estate unit, PH1 World Developers, after securing massive housing mandate that has lured a fresh wave of private investment interest.
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Megawide Chairman and Chief Executive Officer Edgar Saavedra said the infrastructure giant is pivoting its strategy following its Pio billion agreement with the Home Development Mutual Fund, commonly known as the Pag-IBIG Fund.
Under the deal, the state-run pension fund will subscribe to perpetual preferred shares in Megawide Dreamrise Residences, a wholly owned subsidiary, to finance the construction of at least 7,000 affordable housing units over the next three years.
Bu hikaye Manila Bulletin dergisinin February 9, 2026 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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Budget deficit widens past target
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1 mins
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Manila Bulletin
MSME loans rise in 2025, still lag
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2 mins
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National Women’s Month: Empowering women, empowering the nation
Assalamualaikum wa Rahmatullahi wa Barakatuh.
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Marcos, South Korean President Lee meet in Palace
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1 min
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Manila Bulletin
DepEd clears 5,335 teacher promotion backlogs
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3 mins
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Learning the importance of self-regulation
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A stronger DENR-LGU collaboration
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3 mins
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