C02742-2025 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 2,013,409,717 | |
Preferred | 170,144,900 |
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Subject of the Disclosure |
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Board Approval of Record Date/Declaration of Cash Dividends - Series 2B (MWP2B) Preferred Shares |
Background/Description of the Disclosure |
On 22 April 2025, and pursuant to the regular cash dividend declaration of Megawide Construction Corporation (the “Company”) for its Series 2B Preferred Shares (MWP2B) with a payment date of 27 May of each year, the Company’s Board of Directors (“Board”) has set 12 May 2025 as the record date and 27 May as the payment date. |
Type of Securities
Date of Approval by Board of Directors | Apr 22, 2025 |
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Other Relevant Regulatory Agency, if applicable | N/A |
Date of Approval by Relevant Regulatory Agency, if applicable | N/A |
Type (Regular or Special) | Regular |
Amount of Cash Dividend Per Share | 1.4375 |
Record Date | May 12, 2025 |
Payment Date | May 27, 2025 |
Source of Dividend Payment |
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The cash dividend is equal to PhP 1.4375 per share, or a total of PhP 25,020,953.00 out of the unrestricted retained earnings of the Company as of 31 December 2023. |
Other Relevant Information |
Should the Record Date subsequently be declared a holiday, the Record Date shall be on the next Trading Day. |
Name | Melissa Ester Chavez-Dee |
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Designation | Corporate Secretary/Corporate Information Officer |