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                    [Title] => Megaworld prices P10-B rights offer at P1.83/share
                    [Summary] => 



Upscale real estate developer Megaworld Corp. has fixed the offer price for its planned stock rights offering to shareholders at P1.83 each share, to raise around P10 billion.


In a disclosure to the Philippine Stock Exchange, Megaworld said the offer price represents a 15.14-percent discount to the 10-day volume weighted average price from Nov. 23 to Dec. 7, 2006 of P2.1565 per share. 


Megaworld closed at P2.22 per share yesterday.


Under the pre-emptive rights offer; shareholders can buy two shares for every five shares held as of Dec. 15.  


                    [DatePublished] => 2006-12-08 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 373192
                    [Title] => Tan to invest $95M to keep Megaworld stake
                    [Summary] => 



Businessman Andrew Tan is investing as much as $95 million to maintain his 45- percent stake in upscale real estate developer Megaworld Corp.


Megaworld executive vice-president Kingson Sian said Tan will subscribe $90 million to $95 million worth of the company’s planned stock rights offering scheduled in January 2007.


"This only goes to show how confident our  chairman and president Mr. Tan is in the prospects of the company," Sian said.


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                    [ArticleID] => 367623
                    [Title] => Megaworld profit nearly doubles to P1.5B in Jan-Sept
                    [Summary] => 



Backed by the robust performance of all its residential and office building projects,  Megaworld Corp. nearly doubled its net profit in the first nine months this year to P1.5 billion on a 62-percent increase in revenues to P6.4 billion.


Company officials said Megaworld’s gains were mainly driven by strong real estate sales of residential condominium projects in its large-scale developments such as McKinley Hill and Forbes Town Center in Fort Bonifacio, in Taguig and Eastwood City in Quezon City.


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HILL AND FORBES TOWN CENTER

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                    [ArticleID] => 373935
                    [Title] => Megaworld prices P10-B rights offer at P1.83/share
                    [Summary] => 



Upscale real estate developer Megaworld Corp. has fixed the offer price for its planned stock rights offering to shareholders at P1.83 each share, to raise around P10 billion.


In a disclosure to the Philippine Stock Exchange, Megaworld said the offer price represents a 15.14-percent discount to the 10-day volume weighted average price from Nov. 23 to Dec. 7, 2006 of P2.1565 per share. 


Megaworld closed at P2.22 per share yesterday.


Under the pre-emptive rights offer; shareholders can buy two shares for every five shares held as of Dec. 15.  


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                    [ArticleID] => 373192
                    [Title] => Tan to invest $95M to keep Megaworld stake
                    [Summary] => 



Businessman Andrew Tan is investing as much as $95 million to maintain his 45- percent stake in upscale real estate developer Megaworld Corp.


Megaworld executive vice-president Kingson Sian said Tan will subscribe $90 million to $95 million worth of the company’s planned stock rights offering scheduled in January 2007.


"This only goes to show how confident our  chairman and president Mr. Tan is in the prospects of the company," Sian said.


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                    [ArticleID] => 367623
                    [Title] => Megaworld profit nearly doubles to P1.5B in Jan-Sept
                    [Summary] => 



Backed by the robust performance of all its residential and office building projects,  Megaworld Corp. nearly doubled its net profit in the first nine months this year to P1.5 billion on a 62-percent increase in revenues to P6.4 billion.


Company officials said Megaworld’s gains were mainly driven by strong real estate sales of residential condominium projects in its large-scale developments such as McKinley Hill and Forbes Town Center in Fort Bonifacio, in Taguig and Eastwood City in Quezon City.


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abtest

Megaworld prices P10-B rights offer at P1.83/share

By Zinnia B. Dela Peña | December 8, 2006 - 12:00am

Upscale real estate developer Megaworld Corp. has fixed the offer price for its planned stock rights offering to shareholders at P1.83 each share, to raise around P10 billion. In a disclosure to the Philippine...

Business

Tan to invest $95M to keep Megaworld stake

By Zinnia B. Dela Peña | December 4, 2006 - 12:00am

Businessman Andrew Tan is investing as much as $95 million to maintain his 45- percent stake in upscale real estate developer Megaworld Corp. Megaworld executive vice-president Kingson Sian said Tan will...

Business

Megaworld profit nearly doubles to P1.5B in Jan-Sept

By Zinnia B. Dela Peña | November 8, 2006 - 12:00am

Backed by the robust performance of all its residential and office building projects, Megaworld Corp. nearly doubled its net profit in the first nine months this year to P1.5 billion on a 62-percent increase...

Business