C06215-2021

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)
Sep 10, 2021
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
20 N. Domingo St., Brgy. Valencia, Quezon City Postal Code 1112
8. Issuer's telephone number, including area code
(02) 8655-1111
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 2,013,409,717
Preferred 97,126,010
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 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Subscription Agreement with Citicore Holdings Investment Inc.

Background/Description of the Disclosure

Pursuant to the resolutions of the Board of Directors of Megawide Construction Corporation (“Megawide”) dated February 26, 2021, on the approval of the issuance of six million five hundred thousand (6,500,000) cumulative, non-voting, non-participating, non-convertible, perpetual preferred shares to Citicore Holdings Investment Inc. (“Citicore”), as initial subscription for the increase in the authorized capital stock of Megawide (which resolutions were disclosed to the Philippine Stock Exchange on February 26, 2021), Megawide entered into a Subscription Agreement with Citicore on September 10, 2021, whereby the latter formally subscribed to 6,500,000 preferred shares of Megawide at PhP 1.00 each, and paid 25% of such subscription in cash, amounting to PhP 1,625,000.00.

Other Relevant Information

Please see the attached Subscription Agreement between Megawide Construction Corporation and Citicore Holdings Investment Inc.

Filed on behalf by:
Name Kimberly Bisnar
Designation Assistant Corporate Secretary