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)

Apr 12, 2024

2. SEC Identification Number

CS200411461

3. BIR Tax Identification No.

232-715-069

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

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	101,405,880

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
Board Approval for Bond Offering
Background/Description of the Disclosure
At the Regular Meeting of the Board of Directors held on 12 April 2024, the Company’s Board of Directors (“Board”) has authorized the offering of Philippine Peso denominated fixed rate bonds in the amount of up to Five Billion Pesos (PhP5,000,000,000.00) Offer Bonds with an aggregate issue size of up to Five Billion Pesos (PhP5,000,000,000.00) consisting of the Base Offer of up to Four Billion Pesos (PhP4,000,000,000.00) and the Oversubscription Option of up to One Billion Pesos (PhP1,000,000,000.00) (the “Offer”) in up to three (3) series, at the discretion of the Company, namely: (i) 3-year Series C Bonds due 2027; (ii) 5-year Series D Bonds due 2029; and (iii) 7-year Series E Bonds due 2031 (the “Offer Bonds”), under such terms and conditions as may be approved by the Board and subject to the registration requirements of the Securities and Exchange Commission (“SEC”) and the listing requirements of the Philippine Dealing and Exchange Corp. (“PDEx”). The Board appointed PNB Capital and Investment Corporation (“PNB Capital”), RCBC Capital Corporation (“RCBC Capital”), and SB Capital Investment Corporation (“SB Capital”) as the joint issue managers, joint lead underwriters and bookrunners (the “Joint Issue Managers, Joint Lead Underwriters and Bookrunners”) of the Offer. The Board further resolved to approve, confirm, and ratify any of the disclosures contained in the Registration Statement and Prospectus to be filed by the Company with the SEC and the listing application with the PDEx in connection with the Offer.
Other Relevant Information
None