SECURITIES AND EXCHANGE COMMISSION

SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2 (c) THEREUNDER
1. August 03, 2015
Date of Report
2. SEC Identification Number: 167423

3. BIR Tax Identification No: 000-477-103

4. MEGAWORLD CORPORATION
Exact name of Issuer as specified in its charter
5. Metro Manila
Province, Country or other jurisdiction of incorporation or organization
6. (SEC Use Only)
Industry Classification Code
7. 28th Floor, The World Centre
330 Sen. Gil Puyat Avenue
Makati City, Philippines 1227
Address of principal office
8. (632) 867-8826 to 40
Issuers telephone number, including area code
9. 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 Stock Outstanding

Common
Preferred
Total

32,239,445,872
6,000,000,000
38,239,445,872

10. Item 9(b)

Please see attached Press Release.

SIGNATURE
Pursuant to the requirements of the Securities Regulation Code, the Issuer has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MEGAWORLD CORPORATION
Issuer
By:

FRANCISCO C. CANUTO
Senior Vice President and
Corporate Information Officer
August 03, 2015

MEGAWORLD TO BUILD ILOILO CITYS FUTURE FINANCIAL CENTER

Commercial lots with prices ranging from P43M to P121M in Iloilo Business
Park now almost sold out; several banks, companies to set up regional
headquarters, offices
MANILA, Philippines, August 03, 2015 Megaworld, the countrys leading developer of
integrated urban townships, is committed to establishing the modern financial center of
Iloilo City inside its 72-hectare Iloilo Business Park.
Around nine hectares of the entire township have been allocated for the commercial
district. The company started selling the lots at P47,000 per square meter in 2013.
Today, the lots, which range from 611 square meters to 1,735 square meters, are now
sold at P70,000 or a 49% increase from its original price a couple of years ago.
These commercial lots are already 80% sold to banks and financial institutions as well
as local enterprises, although these lots are also viable for boutique hotel businesses as
well. Among the major banks that are set to establish their regional headquarters and
offices in Iloilo Business Parks financial district include Metrobank and Unionbank.
There has been a strong interest from various sectors, particularly financial and
banking, to establish their businesses in Iloilo Business Park. Since we announced the
township being envisioned as Iloilo Citys new central business district or CBD,
everyone wants their presence here, says Jennifer Palmares-Fong, head of marketing,
Iloilo Business Park.
The commercial district, which will rise towards the southern part of the township near
the iconic Iloilo River, is envisioned to be one of the busiest districts in Iloilo Business
Park once completed. It will be directly connected to the township center via the sixlane Megaworld Boulevard.
Aside from banks and financial institutions, other commercial businesses like car and
furniture showrooms as well as regional headquarters of corporations are welcome to
the financial district of Iloilo Business Park, explains Palmares-Fong.
Megaworlds Iloilo Business Park, occupying 72-hectares on the former site of the Old
Mandurriao Airport, is envisioned to be the biggest business, lifestyle and tourism hub
in Western Visayas. Aside from the financial and commercial district, Iloilo Business
Park will be home to two business hotels Richmonde Hotel Iloilo and Courtyard by
Marriott; the Iloilo Convention Center, which will be the largest convention facility in
Region 6; state-of-the-art BPO office towers; luxury residential condominiums including
The Palladium, the tallest residential tower in Western Visayas; the Festive Walk Mall;
and The Street of Festive Walk, a 1.1-kilometer commercial and retail strip, which will
be the longest dining and retail strip in the entire Western Visayas region. ###