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Sunday, October 6, 2024

Follow-on offering

Megawide Construction Corp. concludes its follow-on offering with the listing of its Series 5 preferred shares at the Philippine Stock Exchange. Megawide will use the proceeds to partially fund the full redemption of its Series 2A preferred shares that were listed in November 2020. Attending the listing ceremony are (from left) Megawide director and group CFO Ramon Diaz, independent director Celso Vivas, vice chairman and executive director for infrastructure development Louie Ferrer, chairman, president and CEO Edgar Saavedra, Securities and Exchange Commission chairperson Emilio Aquino, PSE president and CEO Ramon Monzon, chief operating officer Roel Refran, Issuer Regulation Division head Marigel Baniqued-Garcia, general counsel Veronica Del Rosario and Securities Clearing Corporation of the Philippines COO Renee Rubio.

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