Megawide Inks MOA with Philippine Skylanders

Megawide Construction Corp. (PSE: MWIDE) has entered into a Memorandum of Agreement (MOA) with Philippine Skylanders International (PSI) Inc. The MOA sets out the preliminary terms and conditions of Megawide and PSI in relation to the possible participation of Megawide for the engineering, procurement, and construction, and operation and maintenance of the Pasig River Expressway […]
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PhP2-B Credit Facility Set for Cosiquien’s Business

Philippine Daily Inquirer The country’s largest lender BDO Unibank (PSE: BDO) has opened a P2-billion credit facility for the real estate business of young tycoon Michael Cosiquien, cofounder of Megawide Construction Corp. (PSE: MWIDE), who is now building his own business empire. The P2-billion loan facility was created by BDO for the iLand Bay Plaza […]
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Megawide Reports 16% Jump in Q1 Net Earnings

Diversified engineering and infrastructure conglomerate Megawide Construction Corp. (PSE: MWIDE) has reported a consolidated net income of PhP635.8 million growth for the first quarter of 2018, up by 16% from the PhP549 million in the same period last year. The double-digit increase in net profit was driven by the continued robust growth of the airport […]
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MacroAsia Joins MSCI Small Cap Index

MacroAsia Corp. (PSE: MAC), which was recognized last month by FinanceAsia as among the Philippines’ Best Small-Cap Companies through the recent annual poll it conducted, is being included in the MSCI Small Cap Index by May 31, 2018. In February 2018, MacroAsia was also included in PSE’s Services Index. MacroAsia’s first quarter 2018 revenues grew […]
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Megawide Partners with Toshiba Group’s UEM on Water Reclamation Engineering Project

Megawide Construction Corp. (PSE: MWIDE) declares a roaring start to 2018 with the recent awarding of Maynilad’s newest water treatment facility, the 88 MLD Las Piñas Water Reclamation Facility. The design and build contract, valued at more than PhP2 billion, is Megawide’s first water reclamation engineering project. “The Megawide construction business will continue its expansion […]
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Megawide Confirms Participation in Rail Project

Quezon City—(PHStocks)—Megawide Construction Corp. (PSE: MWIDE) wishes to announce its partnership with East-West Rail Transit Corporation and Alloy MTD for the construction, operation, and maintenance of the PNR East-West Railway Project. The PNR East-West Railway Project (EWRP) will involve a 9.77 kilometer railway line from Diliman, Quezon City along the corridor of Quezon Avenue up […]
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Megawide’s 1H2016 Consolidated Revenue at All Time-High

Pasay—(PHStocks)—Diversified engineering company Megawide Construction Corp.’s (PSE: MWIDE)  consolidated net income for the first half (1H) of 2016 increased by PhP388 million to PhP1.178 billion or 49% higher than its 2015 1H consolidated net income of PhP790 million. This follows a record-breaking 6-month consolidated revenue of PhP10.07 billion, a 77% growth or PhP4.37 billion increase […]
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8990, Megawide Ink PhP3.6B Condo Project in Quezon City

Makati—(PHStocks)—8990 Housing Development Corp., a subsidiary of mass housing giant 8990 Holdings Inc. (PSE: HOUSE), has signed with Megawide Construction Corp. (PSE: MWIDE) a Memorandum of Agreement to construct 8990’s new condominium project in Quezon City, the Urban DECA Towers-Cubao. Megawide shall be the general contractor for this project that will cost P3.6 Billion, with […]
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