FORT BONIFACIO-BELLAGIO

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                    [ArticleID] => 324603
                    [Title] => Megaworld to issue 4.22-billion common shares to international investors
                    [Summary] => High-end property developer Megaworld Corp. will issue as much 4.22-billion common shares to international and institutional investors to expand its stockholders’ base and free float and raise funds for its ongoing residential and office development projects.


A company official said P3.9 billion of the expected proceeds will go to the construction of Mckinley Hill Cyberpark and Mckinley Hill Town Center (P2.5 billion) and the 1800 Eastwood offices and Eastwood Mall (P1.4 billion).


                    [DatePublished] => 2006-03-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Megaworld to issue 4.22-billion common shares to international investors

By Zinnia B. Dela Peña | March 6, 2006 - 12:00am

High-end property developer Megaworld Corp. will issue as much 4.22-billion common shares to international and institutional investors to expand its stockholders’ base and free float and raise funds for its...

Business