C05582-2016

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Sep 29, 2016
2. SEC Identification Number
CS200411461
3. BIR Tax Identification No.
232-715-069-000
4. Exact name of issuer as specified in its charter
Megawide Construction Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2/F Spring Bldg. Arnaiz Ave. cor. P. Burgos St., Pasay City, Metro Manila Postal Code 1300
8. Issuer's telephone number, including area code
655-1111
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 1,988,577,497
Preferred 40,000,000
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Megawide Construction CorporationMWIDE

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Ninoy Aquino International Airport (NAIA) Development project

Source Malaya Business Insight
Subject of News Report Ninoy Aquino International Airport (NAIA) Development project
Date of Publication Sep 29, 2016
Clarification of News Report

This is to clarify the news article published in Malaya Business Insight on September 29, 2016 entitled, "SMC, Ayala to compete for NAIA project". The relevant portion of the article reads in part:

“SAN MIGUEL Corp. and Ayala Corp. are keen to bid for the P74.56-billion Ninoy Aquino International Airport (NAIA) Development project under the public-private partnership (PPP) scheme.

. . . .

JG Summit Holdings Inc., Filinvest Development Corp., Megawide Construction Corp. and Metro Pacific Investments Corp. are interested in bidding for the project, according to officials of those companies.

. . . .”

We confirm that Megawide Construction Corporation ("Megawide") is interested to participate in the bidding for the NAIA project. There are no definitive agreements or decisions made in connection with this project. Once an agreement on this proposed project has been executed, disclosure shall be made immediately.

This is also in connection with our previous disclosures dated June 15, 2011, and July 4, 2011 that Megawide intends to participate in biddings for selected government infrastructure projects.

We trust that the foregoing sufficiently clarifies your query. Please do not hesitate to call us should you have further questions.

Thank you.

Other Relevant Information

None.

Filed on behalf by:
Name Joyce Briones
Designation Assistant Corporate Secretary, Compliance Officer and Corporate Information Officer