MEGAWIDE Construction Corp. has paid penalties levied by the Securities and Exchange Commission (SEC) amounting to P1,065,700.

"In a letter dated February 22, 2023, the SEC assessed penalties against the firm due to a material misstatement in the financial statements, and material deficiency in the annual and interim financial statements of the company," Megawide said.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details