Megawide plans special dividend after CREC stake sale

Megawide plans special dividend after CREC stake sale

Saavedra-led engineering and housing firm Megawide Construction Corp. is aiming to declare a special cash dividend after it generated ₱4.5 billion from the sale of a nine-percent stake in Citicore Renewable Energy Corp. (CREC).“The second half of this year will be exciting and shape our direction moving forward. We are confident that we will achieve our operational and financial targets, which will provide us means for another set of dividends b…