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 26, 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: “SSS buys minority stake in infrastructure firm”

Source	Inquirer.net
Subject of News Report	SSS buys minority stake in infrastructure firm
Date of Publication	Dec 25, 2017

Clarification of News Report
This is to clarify the news article entitled “SSS buys minority stake in infrastructure firm” posted in inquirer.net on December 25, 2017. The article reported in part that: “The state-owned Social Security System has gained a foothold in infrastructure group Megawide Construction Corp. with the recent purchase of shares worth around P1.32 billion from a controlling shareholder. The buy-in deal was equivalent to a 3.5-percent stake and in line with the SSS’ plan to invest in infrastructure-building, said Megawide chair Edgar Saavedra, who sold the shares to the state pension fund. . . . . In a phone interview, Saavedra said the stake was sold to the SSS, which had long been requesting to buy shares in Megawide. Apart from the shares bought from Megacore, the SSS has likewise been picking up shares of Megawide from the open market. Following this transaction, Saavedra said he has agreed to give the SSS a board representation in the seven-member board. Theoretically, Saavedra said the shares held by SSS in Megawide were still too small to buy a board seat. However, he said he had agreed to give one board seat as a special accommodation.” We confirm that the Social Security System (SSS) recently purchased shares of Megawide Construction Corp. equivalent to a 3.5% stake in Megawide from Megacore. We also confirm that Mr. Saavedra has agreed to give the SSS a board representation in the seven-member board. 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.