Megaworld Corporation is a real
estate company in the Philippines mainly engaged in developing large-scale
mixed-use strategic communities, incorporating residential, commercial,
educational, and leisure components. In addition, it engages in activities such
as project design, construction oversight, and property management.
Megaworld Properties &
Holdings Inc. was founded by Andrew Tan and was incorporated on August 1989, essentially
aimed at engaging in real estate development, leasing, and marketing. In 1994,
it spun off a subsidiary company which
focused on the middle income market named Empire East Land Holdings Inc. The
company changed its name to Megaworld Corporation in line with its conversion
from a purely real estate company to a holdings company, though the company's
core focus continues to be on real estate, on the 19th of August in
1999.
Megaworld has won several awards
for good corporate management. Testament to Megaworld’s industry leadership is the
numerous awards received through the years. Among
its accolades are being named Best-managed Philippine Company by Finance Asia
(1999, 2001, 2004 and 2007),Euromoney (2003), and Asiamoney (2007). It was also
named Best in Investor Relations by Finance Asia (1999, 2004, 2006, 2007) and
Asiamoney (2004, 2007).
Today, the Megaworld brand reflects the proud
achievements of a property company whose various projects have enhanced the urban
landscape—providing the living, working and leisure environments that allow
families to enjoy life better and businesses to thrive and grow.
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