SEC Approves Megawide’s Enabling Resolution for Series 6 Preferred Shares

The Securities and Exchange Commission (SEC) issued the Certificate of Filing of Enabling Resolution approving Megawide Construction Corporation’s Enabling Resolution in relation to its offer and sale of up to Sixty Million (60,000,000) Series 6 Preferred Shares to be issued out of the unissued shares, at an offer price of P100.00 per share.

Megawide Construction Corporation is among the most innovative engineering and infrastructure companies in the Philippines. Publicly listed since 2011, Megawide is the private partner of the Philippine Government for major public infrastructure projects such as the PPP for School Infrastructure Project Phases 1 and 2; the multi-year developments of Mactan-Cebu International Airport and the Parañaque Integrated Terminal Exchange; and the construction of Clark International Airport. In 2012, the company established Megawide Corporate Foundation, Inc., a non-profit organization focusing on social development projects.