The military immediately deployed its troops to track down the rebels who immediately fled after the attack.
The New Peoples Army (NPA), the armed wing of the National Democratic Front (NDF), swooped down on the job site of the Sebastian Construction Corp. in Bgys. Banlacan and San Roque at about 12:30 a.m.
The private security guards, who were surprised and outnumbered by the raiders, failed to resist the attack, according to Lt. Col. Daniel Lucero, AFP information chief.
Lucero said no one was hurt in the raid but the rebels set on fire a bulldozer, backhoe and payloader.
Reports reaching the Armed Forces Southern Command disclosed that the communist rebels staged the attack due to the persistent refusal of the construction firm to pay revolutionary taxes to the communist group.