Megawide Construction Corp. of bilyonaryo Ed Saavedra and India’s GMR Airports International BV (GAIBV) are divesting their shares in the company that operates the Mactan Cebu International Airport Corp. (MCIA) to the infrastructure arm of the Aboitiz family for P25 billion. Based on a regulatory filing, Megawide and GAIBV agreed to unload their entire holdings […]
Megawide Construction Corp. of business magnate Ed Saavedra raised P4 billion from a warmly-received debt offering
The Securities and Exchange Commission has approved a plan by Megawide Construction Corp. to embark on a a P4 billion billion retail bond offering.
Engineering and infrastructure firm Megawide Corp. received ISO 9001:2015 for its precast and construction solutions business, reflecting its continued commitment to global quality management standards.
Ed Saavedra upbeat on infrastructure growth opportunities: Megawide to vie for more transport-oriented projects
Megawide Construction Corp. is setting its sights on a host of infrastructure projects, particularly big-ticket railway and public transportation developments to boost long-term growth.
Ed Saavedra gets a vote of confidence from Philratings: Megawide’s P4B bonds receive high credit score
Engineering and construction firm Megawide Corp. obtained a double A credit rating with a stable outlook from local credit watcher Philippine Rating Services Corp. for a planned P4 billion bond offering. The PRS Aa rating given to bilyonaryo Ed Saavedra’s Megawide means that the company has a “strong capacity’ to meet its financial commitments relative […]
Megawide Construction Corp. and its Japanese partners have won a contract to construct two stations of the Metro Manila Subway project. In a disclosure to the Philippine Stock Exchange, Megawide said it formally received last May 2 the notice of award from the Department of Transportation (DOTr) Contract Package 104. The contract involves the construction […]
Citicore Renewable Energy Corp., an affiliate of bilyonaryo Ed Saavedra’s Megawide Corp., has renewed power supply contracts with five of its long-time partners for an aggregate capacity 5.1 megawatts. Bench Tower, Citystate Condominium, Eastfield, Succeed Ventures Asia, and Prince Alumer Development Corp. (Padcor) agreed to extend their agreement with Citicore for another two years. The […]
Megawide Construction Corp. is bringing MultiCON’s revolutionary concrete processing method to the Philippines as part of efforts to enhance construction efficiency and provide better value for its clients.
A strong upswing in construction revenues cut Megawide Construction Corp.’s net loss in the first half to P93 million from P290 million in the same period a year ago.