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)
Feb 6, 2018
2. SEC Identification Number
167423
3. BIR Tax Identification No.
000-477-103
4. Exact name of issuer as specified in its charter
MEGAWORLD CORPORATION
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
30th Floor, Alliance Global Tower, 36th Street cor. 11th Avenue, Uptown Bonifacio, Taguig CityPostal Code1634
8. Issuer's telephone number, including area code
(632) 894-6300/6400
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
32,239,445,872
Preferred
6,000,000,000
11. Indicate the item numbers reported herein
Item 9(b)
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.
Megaworld CorporationMEG
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 of Malaya Business Insight (Internet Edition) News Article
Source
Malaya Business Insight (Internet Edition)
Subject of News Report
““Developer to open 3 more malls in '18”
Date of Publication
Feb 6, 2018
Clarification of News Report
Gentlemen:
We refer to your request for clarification/confirmation of the news article entitled ““Developer to open 3 more malls in '18” posted in Malaya Business Insight (Internet Edition) on February 6, 2018. The article reported in part that:
“ILOILO CITY. -- Megaworld Corp. expects to have 18 malls by the end of the year as it opens three more within the year.
. . . .
‘We are 15 now, there’s three more lifestyle malls by the end of this year. Not as big as Iloilo, but small format – one in Pasig, Alabang and Boracay. We’ll end the year with 18,’ said Tan, adding the company is on track of hitting 28 malls by 2020.
Tan said the company also expects to see its malls contribute half of the P20 billion recurring income target by 2020.
‘The growth plan is to expand to 28 malls. At the very least, one or two malls in every township. We have 23 township, so that’s 23 malls at least,’ Tan said.
. . . .”
The Company confirms the abovementioned news article.
We trust we have satisfied the requirements of the Exchange.
Thank you.
Very truly yours,
(SGD.)FRANCISCO C. CANUTO Senior Vice President and Corporate Information Officer