Megawide Construction Corp. has moved closer to raising nearly P3 billion from its upcoming preferred share offer after securing regulatory approval.
This development will enable the firm to strengthen its financial position as it expands its real estate unit.
In a statement released over the weekend, the Securities and Exchange Commission (SEC) announced that the commission en banc has given its approval for the offer.
https://business.inquirer.net/552315/sec-oks-megawides-p-3-b-share-offer