{"id":18460,"date":"2024-04-26T03:05:20","date_gmt":"2024-04-26T03:05:20","guid":{"rendered":"https:\/\/energybuzz.ph\/staging\/6915\/megawide-bags-contract-to-build-landers-aseana-city\/"},"modified":"2024-04-26T03:05:20","modified_gmt":"2024-04-26T03:05:20","slug":"megawide-bags-contract-to-build-landers-aseana-city","status":"publish","type":"post","link":"https:\/\/energybuzz.ph\/staging\/6915\/megawide-bags-contract-to-build-landers-aseana-city\/","title":{"rendered":"Megawide bags contract to build Landers Aseana City"},"content":{"rendered":"
\n

SAAVEDRA-LED Megawide Construction Corp. has secured the contract to build a new Landers Store in Aseana Business Park, Para\u00f1aque City.<\/p>\n

Landers Aseana is an 18,710.91 square meter development, with construction expected to be finished by March 2025, Megawide said in an e-mailed statement on Thursday.<\/p>\n

The ceremonial concrete pouring for project was done on March 20.<\/p>\n

Landers Aseana will be Megawide\u2019s fifth project for the Landers brand with Southeast Asia Retail, Inc. (SEARI), following other outlets in Alabang, Muntinlupa City; Balintawak, Quezon City; Arcovia, Pasig City; and Otis, Manila.<\/p>\n

\u201cOur foray into these kinds of modern, designed-for-convenience facilities showcases the breadth of our portfolio and our long experience in the commercial segment,\u201d said Megawide Construction Chief Operating Officer Frederick T. Tan.<\/p>\n

Megawide said the project will be constructed using the company\u2019s proprietary brand of precast technology, composed of up to 80% precast materials including half slabs, footing tie and intermediate beams, girders, columns, and retaining walls.<\/p>\n

The proportion marks an increase from previous builds, where only 20% precast was incorporated, the company said.<\/p>\n

\u201cPrecast will be vital to meet SEARI\u2019s requirement for a December 2024 soft launch of its newest branch, in time for this year\u2019s Yuletide season. Facilitating a shorter timetable will significantly enhance our brands,\u201d Mr. Tan said.<\/p>\n

Megawide returned to profitability, logging a consolidated net income of P269 million in 2023, compared to the P1.87 billion net loss the prior year. The company\u2019s consolidated revenue surged by 26% to P18.6 billion.<\/p>\n

On Thursday, Megawide shares dropped by 1.02% or three centavos to P2.90 per share. \u2014 Revin Mikhael D. Ochave<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

SAAVEDRA-LED Megawide Construction Corp. has secured the contract to build a new Landers Store in Aseana Business Park, Para\u00f1aque City. Landers Aseana is an 18,710.91 square meter development, with construction expected to be finished by March 2025, Megawide said in an e-mailed statement on Thursday. The ceremonial concrete pouring for project was done on March [\u2026]<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[17539,756,7330,14644,405,1476,17538,17540],"class_list":["post-18460","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-aseana","tag-bags","tag-build","tag-bworldonline","tag-city","tag-contract","tag-landers","tag-megawide"],"yoast_head":"\nMegawide bags contract to build Landers Aseana City - Energy Buzz<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/energybuzz.ph\/megawide-bags-contract-to-build-landers-aseana-city\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Megawide bags contract to build Landers Aseana City - Energy Buzz\" \/>\n<meta property=\"og:description\" content=\"SAAVEDRA-LED Megawide Construction Corp. has secured the contract to build a new Landers Store in Aseana Business Park, Para\u00f1aque City. 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