 In a PSE disclosure dated 25 July 2025, Megaworld Corporation (the Company) sold eighty-four million eight hundred thousand (84,800,000) common shares of MREIT, Inc. (MREIT) at an offer price of P13.82 per share, equivalent to P1,171,936,000.00 (before deduction for fees and taxes), under a block sale transaction. The proceeds from the block sale shall be settled on 29 July 2025. The Company will submit the required Reinvestment Plan detailing the use of proceeds from the block sale transaction.
Maybank Securities, Inc. and BDO Securities acted as brokers for the transaction. |
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