C00165-2024

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)
Jan 11, 2024
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
No. 20 N. Domingo Street, Barangay 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
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 2,013,409,717
Preferred 101,405,880
11. Indicate the item numbers reported herein
Item 5

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

CIAC Renders Decision in CIAC Case 02-2023 between Megawide Construction Corporation and ACI Inc.

Background/Description of the Disclosure

On 11 January 2024, Megawide Construction Corporation (the “Company”) received a decision dated 11 January 2024 (the "Decision") rendered by the Construction Industry Arbitration Commission (“CIAC”) Arbitral Tribunal for CIAC Case 02-2023 under which Respondent ACI Inc. was ordered to pay the Company the total amount of ONE HUNDRED EIGHTY MILLION TWO HUNDRED FORTY FOUR THOUSAND FORTY THREE PESOS AND FIFTY CENTAVOS (PhP180,244,043.50) with six percent (6%) interest per annum from the date of this Final Award until fully paid.

The Decision will not have a significant impact as far as the operations of the Company is concerned.

Other Relevant Information

None.

Filed on behalf by:
Name Teodulo Antonio San Juan
Designation Corporate Secretary