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MEGAWORLD CORP. posted a net income of P2.2 billion in the third quarter, plummeting 54% from the P4.8-billion net income it reported last year, although it saw signs of an improving rental business on a quarterly basis.
MEGAWORLD CORP. is targeting to launch 110,000 square meters (sq.m.) of leasable office space this year to strengthen its revenue streams while the coronavirus pandemic is ongoing.
MEGAWORLD CORP. has generated P3 billion from having completely sold out a residential village in Cavite while under quarantine.
MEGAWORLD CORP. is building a new condominium tower in Bacolod City that could raise P1.6 billion in sales for the company.
MEGAWORLD CORP. has started planning for a dollar-denominated bond offering through the appointment of banks to arrange investor calls.
MEGAWORLD CORP. has recently launched a new condominium tower project in its 72-hectare township in Iloilo City.
MEGAWORLD Corp. is cutting its capital expenditures (capex) this year to P36 billion as it reported a 9% profit decline due to the coronavirus disease 2019 (COVID-19) pandemic.
MEGAWORLD CORP. is expanding its footprint in Cebu with the launching of a new residential development in its 30-hectare The Mactan Newtown in Lapu-Lapu City.
MEGAWORLD CORP. subsidiary Global-Estate Resorts, Inc. (GERI) recently launched a 17-hectare residential project in its Arden Botanical Estate in Tanza, Cavite, where it expects to raise P1.4 billion in sales from the project’s first phase.
THE proposed Makati City subway will soon be connected to the planned monorail being built from the Guadalupe Metro Rail Transit (MRT Line 3) station to Megaworld Corp.’s township in Taguig City.
MEGAWORLD Corp. is targeting to generate P2.5 billion in sales from its first upscale residential village in Cavite.
MEGAWORLD CORP. is spending P1.2 billion to develop two office towers in its Bacolod township as it continues to expand its leasable portfolio.
PHILIPPINE Rating Services Corp. (PhilRatings) retained the highest rating for Megaworld Corp.’s P12-billion fixed-rate bonds issued in 2017.
THE ILOILO City council has declared the transport hub inside Megaworld Corp.’s Iloilo Business Park legal based on local regulation and as confirmed by the legal office.
MEGAWORLD Corp. is aiming to generate P12 billion in sales from three residential towers in its Arcovia City township in Pasig City.
MEGAWORLD Corp. will be issuing P10.376 billion worth of shares to existing investors, it told the stock exchange Tuesday.
MANY OF the first pharmacies, theaters, and department stores in the City of Manila were found in the district of Binondo. Founded in 1594, the city had a pivotal role in international trade and the place of the world’s first Chinatown in this role is the focus of a new museum.
TYCOON Andrew L. Tan’s Megaworld Corp. is hiking the capital spending for its 140-hectare Cavite township to P15 billion, as the company pursues more vertical projects to take advantage of strong demand in the area.
MEGAWORLD CORP. has partnered with the Bases Conversion and Development Authority (BCDA) for the property management of the 160-hectare Bonifacio Capital District (BCD) in Taguig City.
THE ILOILO City council has approved Megaworld Corp.’s proposal to build and operate a transport hub within its 72-hectare Iloilo Business Park in the Mandurriao district.
MEGAWORLD Corp. plans to bring New York-based workspace operator WeWork into its townships in the country, where it could cater to the needs of start-ups, micro, small, and medium enterprises, as well as freelancers.
MEGAWORLD Corp. targets to book P1.5 billion from the sale of units in its second residential tower within The Upper East township in Bacolod.