Megawide Construction Corporation Series 6A,6B, and 6C Preferred Shares (MWP6A, MWP6B, MWP6C) Follow-on Public Offering Details
Please be informed that The Philippine Stock Exchange has approved the application of Megawide Construction Corporation (“MWIDE” or the “Company”) for the follow-on offering of up to 60,000,000 Series 6 Preferred Shares to be issued in up to three (3) subseries, Series 6A (MWP6A), Series 6B (MWP6B) and Series 6C (MWP6C) (the “Offer Shares”). Details of the offering are as follows:
Offer Period | March 26, 2025 – April 4, 2025 |
Offer Price | Php 100.00 |
Dividend Rates | Series 6A – MWP6A – 7.6283% per annum Series 6B – MWP6B – 7.9606% per annum Series 6C – MWP6C – 8.2993% per annum |
Internal Offer Period | March 26, 2025 – March 28, 2025 at 12nn |
Tentative Listing Date | April 14, 2025 |
Subscription | Minimum of 500 offer shares and in multiples of 10 firm shares |
Details of the FOO and subscription link are accessible through the site until 12:00NN of March 28, 2025.
To subscribe, kindly follow the steps below:
1. Login to your BPI Trade Online account.
2. Go to the “eReserve: MWP6A FOO” or “eReserve: MWP6B FOO” or “eReserve: MWP6C FOO” tab
3. Click Next
4. Fill-out Subscription Form including the number of shares to avail.
5. Tick “I confirm with the above details of subscription.”
6. Click Next.
7. After clicking “Next”, you will be redirected to a screen confirming your subscribed shares
8. Click Submit.
The Final Offer Terms Sheet dated March 24, 2025 is available for downloading on PSE Edge website.