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)

Dec 20, 2017

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

Not applicable

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	2,138,577,497
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
Clarification re: "Megawide-GMR awarded P9.36-b Clark airport deal"

Source	manilastandard.net
Subject of News Report	Megawide-GMR awarded P9.36-b Clark airport deal
Date of Publication	Dec 20, 2017

Clarification of News Report
This is to clarify the news article entitled “Megawide-GMR awarded P9.36-b Clark airport deal” posted in manilastandard.net on December 19, 2017. The article reported in part that: “The Duterte administration awarded to Megawide-GMR Consortium the engineering, procurement and construction contract for the Clark International Airport new terminal building, the government’s first hybrid infrastructure project under the ‘Build, Build, Build’ program. Megawide-GMR, a joint venture of Megawide Construction Corp. and GMR Infrastructure of India, was declared the bidder with the ’lowest calculated responsive bid,’ after passing the post-qualification evaluation phase of the competitive bidding - beating the offers of four other bidders. The ‘post-qualification’ process, done in accordance with Philippine government procurement rules, involved validating and verifying the authenticity and veracity of statements made and documents submitted by lowest bidder. Megawide-GMR submitted the lowest financial proposal for the airport expansion project at P9.36 billion on Dec. 14. . . . .” We confirm that Megawide Construction Corporation was informed that the engineering, procurement and construction contract for the Clark International Airport new terminal building, the government’s first hybrid infrastructure project under the ‘Build, Build, Build’ program was awarded to the Megawide-GMR Consortium on December 19, 2017. We confirm that Megawide-GMR, a joint venture of Megawide Construction Corp. and GMR Infrastructure of India, was declared the bidder with the ’lowest calculated responsive bid’. We also confirm that Megawide-GMR submitted the lowest financial proposal for the airport expansion project at P9.36 billion on Dec. 14. We trust that the foregoing is sufficiently helpful to you. Please do not hesitate to call us should you have any further questions. Thank you.
Other Relevant Information
None.