LN00041-2025

NOTICE

Subject Megawide Construction Corporation: Follow-on Public Offering of Series 6 Preferred Shares – Final Terms and Conditions
Company Name Megawide Construction Corporation
Mode of Listing Follow-on Public Offering
Security Details
Type of Security Stock Symbol Par Value
Series 6A Preferred Shares MWP6A Php1.00
Series 6B Preferred Shares MWP6B Php1.00
Series 6C Preferred Shares MWP6C Php1.00
Issued Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer		 Number of shares
Post-Offer
- Preferred - Up to 60,000,000
Outstanding Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer		 Number of shares
Post-Offer
- Preferred - Up to 60,000,000
Treasury Shares (Pre and Post-Offer) (if applicable)
Stock Symbol Type of Shares Number of shares
Pre-Offer		 Number of shares
Post-Offer
- - - -
Primary Offer Shares
Stock Symbol No. of Shares
- 30,000,000
Secondary Offer Shares (if applicable)
Stock Symbol No. of Shares
- -
Total Firm Offer Shares
Stock Symbol No. of Shares
- 30,000,000
Over-Allotment or Oversubscription Option Shares (if applicable)
Stock Symbol No. of Shares
- 30,000,000
Total Shares Applied for Listing
Stock Symbol No. of Shares
- 60,000,000
Offer Price Php100.00 per share
Market Capitalization (Post-IPO) -
TP Allocation 6,000,000 Series 6 Preferred Shares equivalent to Php600,000,000.00
Allocation per TP 49,180 Series 6 Preferred Shares equivalent to Php4,918,000.00
LSI Allocation 3,000,000 Series 6 Preferred Shares equivalent to Php300,000,000.00
Estimated Public Float (with Overallotment/Oversubscription) -
Estimated Public Float (without Overallotment/Oversubscription) N/A
Dividend Rate
Stock Symbol Dividend Rate
MWP6A 7.6283%
MWP6B 7.9606%
MWP6C 8.2993%
Total Shares Under Escrow
Stock Symbol No. of Shares Duration of Lock-up
- - -
Parties to the Offer
Function Name of the Party
Joint Issue Managers, Joint Lead Underwriters and Joint Bookrunners PNB Capital and Investment Corporation, RCBC Capital Corporation, Security Bank Capital Investment Corporation
Selling Agents PSE Trading Participants
Legal Counsel to the Company Picazo Buyco Tan Fider & Santos
Legal Counsel to the Joint Issue Managers, Joint Lead Underwriters and Joint Bookrunners Angara Abello Concepcion Regala & Cruz
Stock Transfer Agent Stock Transfer Service, Inc.
Receiving Agent Stock Transfer Service, Inc.
Escrow Agent N/A
External Auditor Punongbayan & Araullo
Price/Dividend Rate Setting Date Mar 21, 2025
Start of Offer Period Mar 26, 2025
End of Offer Period Apr 4, 2025
Tentative Listing Date Apr 14, 2025
Corporate Website Hyperlink to the Prospectus https://megawide.com.ph/wp-content/uploads/2025/03/Final-Prospectus-to-the-Primary-Offer-of-Series-6-Preferred-Shares-dated-21-March-2025.pdf
Other Relevant Information

The Exchange approved the application of Megawide Construction Corporation (“MWIDE” or the “Company”) for the follow-on offering of up to 60,000,000 Series 6 Preferred Shares to be issued in up to three (3) subseries, Series 6A (MWP6A), Series 6B (MWP6B) and Series 6C (MWP6C) (the “Offer Shares”), at an offer price of Php100.00 per Offer Share. The Offer Shares consists of the following:

a. Firm Offer. 30,000,000 Series 6 Preferred Shares; and

b. Oversubscription Option: In the event of an oversubscription, the Joint Lead Underwriters, with the consent of the Company, may increase the size of the Offer up to an additional 30,000,000 Series 6 Preferred Shares.

Please refer to the attached copy of the signed final offer terms of the Company’s Series 6 Preferred Shares for the details on the offer terms and conditions, as well as the features of the Offer Shares.

The number of issued and outstanding shares indicated in the fields above is on the assumption that the oversubscription option is fully exercised.

The Exchange’s approval of the listing of the Offer Shares is subject to the Company’s compliance with any and all of the post-approval conditions and requirements of the Exchange, the Securities and Exchange Commission and other relevant regulatory bodies. The same is without prejudice to any subsequent action that the Exchange may take in relation to the Company’s compliance with applicable rules of the Exchange.

The Exchange will advise the investing public of developments on the Offer of the Company.

For your information and guidance.
Filed on behalf by:
Name Norberto Moreno Jr.
Designation Listings Department