Megaworld Corp ADR MGAWY

Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. It operates through Real Estate, Rental, and Hotel Operations segments. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components; resort properties; and hotels. Its real estate portfolio comprises residential condominium units, subdivision lots, townhouses, and condominium-hotel projects, as well as office projects and retail spaces. It also engages in the leasing of office and commercial spaces; property-related activities, such as project design, construction, and property management; owning, leasing, operation, and management of hotels; operation of restaurants; and e-commerce activities. In addition, the company provides business process outsourcing, educational facilities, sales and marketing, and fund management services. Further, it engages in the development of residential and office units, including urban centers integrating office, residential, and commercial components. The company was formerly known as Megaworld Properties & Holdings, Inc. and changed its name to Megaworld Corporation in August 1999. Megaworld Corporation was incorporated in 1989 and is based in Taguig City, the Philippines. Megaworld Corporation is a subsidiary of Alliance Global Group, Inc.