MEGAWIDE Construction Corporation has spent a total of P110.5 million as of March 31 this year, taken from the net proceeds of its P4-billion preferred share issue in 2014, to pursue a proposal to design, build, operate and maintain six regional airports in the Philippines.

The proposal covers six airports located in Davao, Palawan, Iloilo, Bacolod, Bohol, and Laguindingan.

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