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                    [ArticleID] => 277232
                    [Title] => Megaworld declares 20% stock dividend, sees 30% profit hike
                    [Summary] => Upscale property firm Megaworld Corp. has declared a 20-percent stock dividend to its shareholders.


In a disclosure to the Philippine Stock Exchange, Megaworld said it will issue a total of 1.775 billion common shares to come from a P7-billion increase in its authorized capital stock.


The record date for the stock dividend will be fixed upon approval of the company’s increase in authorized capital stock.


                    [DatePublished] => 2005-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Megaworld declares 20% stock dividend, sees 30% profit hike

By Zinnia B. Dela Peña | May 12, 2005 - 12:00am

Upscale property firm Megaworld Corp. has declared a 20-percent stock dividend to its shareholders. In a disclosure to the Philippine Stock Exchange, Megaworld said it will issue a total of 1.775 billion common...

Business