Page 2 - World Developers Inc News Today

Megawide Construction Corp. on Tuesday said it posted a consolidated net income of P362.61 million in the first half, a reversal of last year’s P441.14-million net loss. Continuing operations, which reflected the same amount as the consolidated net income, was also an improvement from the P347.5 million last year, the…

MEGAWIDE Construction Corp.s shareholders have approved the acquisition of real estate developer PH1 World Developers Inc. (PH1) from Citicore Holdings Investments Inc.

Megawide Construction Corporation is entering the real estate development sector with the acquisition of a property developer.

Megawide Construction buys property firm for P5.2 billion

Shareholders of Megawide Construction Corp. on Wednesday approved the acquisition of its affiliate PH1 World Developers Inc. from its parent firm Citicore Holdings Investments Inc. Megawide will acquire PH1 World Developers for P5.2 billion. Megawide Chairman Edgar Saavedra said the acquisition of PH1 World Developers will position the company in…

THE planned acquisition of PH1 World Developers Inc. (PH1) is part of a broader strategy to go into real estate development, construction firm Megawide Construction Corp. said on Thursday.

Megawide Construction Corp. said it is acquiring PH1 World Developers Inc. from Citicore Holdings Investments Inc. for P5.2 billion. The company said it has acquired all of PH1 from Citicore Holdings Investments Inc., an affiliate of Megawide. The deal will be up for approval during the company’s annual stockholders’ meeting…

MEGAWIDE Construction Corp. is set to acquire PH1 World Developers Inc. for P5.2 billion following board approval of the purchase on Tuesday.

On Friday, June 16, 2023, the highly anticipated Annual BCI Asia Awards ceremony took place at Sofitel Philippine Plaza Manila. During this prestigious event, the Philippines' 10 most-active architecture firms and property developers were honored with the esteemed BCI Top 10 Awards. It was a momentous occasion celebrating their exceptional…

OLP is a 15-tower mid-rise condominium project with almost 200 premium units per tower. It is developed by Famtech Properties, Inc., a joint venture between property innovator PH1 World Developers, Inc. and housing developer Property Company of Friends, Inc. (ProFriends)