C01088-2019

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Feb 26, 20192. SEC Identification Number

1674233. BIR Tax Identification No.

000-477-1034. Exact name of issuer as specified in its charter

MEGAWORLD CORPORATION5. Province, country or other jurisdiction of incorporation

Metro Manila6. Industry Classification Code(SEC Use Only)

7. Address of principal office

30th Floor, Alliance Global Tower 36th Street cor. 11th Avenue Uptown Bonifacio,Taguig CityPostal Code1634

8. Issuer's telephone number, including area code

(632) 894-6300/64009. Former name or former address, if changed since last report

N/A10. 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 Common Stock Outstanding and Amount of Debt Outstanding

Common 32,239,445,872

Preferred 6,000,000,000

11. Indicate the item numbers reported herein

Item 9(b)

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporatedisclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange,and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly tothe Corporate Information Officer of the disclosing party.

Megaworld CorporationMEG

PSE Disclosure Form 4-31 - Press ReleaseReferences: SRC Rule 17 (SEC Form 17-C)

Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Please see attached press release of Megaworld subsidiary, Global-Estate Resorts. Inc., entitled "GERI TO BUILDSECOND TOWER OF TULIP GARDENS IN SOUTHWOODS CITY"

Background/Description of the Disclosure

Please see attached press release.

Other Relevant Information

None.

Filed on behalf by:

Name Dominic Isberto

Designation Vice President

SECURITIES AND EXCHANGE COMMISSf';,f·~ ;~:::~~,'~.~~~e: "'"'' HEAD SEC FORM 17 C I' ~i;'' Co••"~-., ; .• •on OFFICE • 'tlJ :-\:c• ·'" •·hlC: H.:u·r·(" ~tl• :l~l?ment Dlvtsloll

CURRENT REPORT UNDER SECTION 1 1 r.i"'·"· r --OF THE SECURITIES REGULATION CO ,E; { 1 V MAR 1 019 · 3

AND SRC RULE 17.2 (c) THEREUNDEJ={ u '-----~~---' •

1. February 26, 2019 Date of Report

ev·----1----Rt::CEtVED SUBJ~C" TO REVIEW OF

FORM AND CONTENTS

2. SEC Identification Number: 167423 3. SIR 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. 30th Floor, Alliance Global Tower 36th Street cor. 11th Avenue Uptown Bonifacio, Taguig City 1634 Address of principal office

8. (632) 894-6300/6400 Issuer's telephone number, including area code

I

9. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class

10. Item 9(b)

Common Preferred Total

Number of Shares of Stock Outstanding

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

38,239,445,872

Please see attached press release of Megaworld subsidiary, Global-Estate Resorts. Inc., entitled "GERI TO BUILD SECOND TOWER OF TULIP GARDENS IN SOUTHWOODS CITY"

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:

DR.FR~O Senior Vice President and

Corporate Information Officer February 26, 2019

-~---

GERI TO BUILD SECOND TOWER OF TULIP

GARDENS IN SOUTHWOODS CITY

Following the successful take-up of first tower, Tulip Gardens launches the ‘Burgundy’ tower with 361 units

MANILA, Philippines, February 26, 2019 – Megaworld subsidiary Global-Estate Resorts, Inc. (GERI) is building a second tower for Tulip Gardens inside its 561-hectare Southwoods City township, following the successful take-up of the first tower in July last year. The Burgundy Tower of Tulip Gardens will be 22-storey high, offering 361 residential units ranging from studio, with sizes of up to 24.5 square meters, and one-bedroom with balcony, with sizes of up to 41.5 square meters. Strategically located within a walking distance to Southwoods Mall and the Sto. Niño de Cebu Parish, the Tulip Gardens Burgundy Tower will enjoy a community lifestyle setting surrounded by landscaped and manicured gardens. It will also have amenities such as jogging paths, adult and kiddie pools, pool deck and cabanas, fitness center, active zone for kids that include an indoor playroom and outdoor playground, and an expansive multi-purpose hall for bigger functions and gatherings. “The interest of buyers in Southwoods City is overwhelming, and this has been the trend since we introduced our first residential development, the Holland Park, three years ago,” reveals Rachelle Peñaflorida, vice president for sales and marketing, Megaworld Global-Estate, Inc. Tulip Gardens’ Burgundy Tower, which is scheduled for completion in 2024, will be able to generate around P1.3-billion in sales. Southwoods City is just 30 minutes away from the Makati Central Business District and the bustling business districts of Fort Bonifacio. It is also just 10 minutes away from the business districts of Alabang, and just 45 minutes away from Tagaytay. From 2016 to 2017, the company was able to sell the four towers of Holland Park with a total inventory of 622 units worth P2.7-billion. In 2017, the three-level Southwoods Mall officially opened to the public offering around 58,000 square meters of retail spaces. Southwoods City has its own direct access to the South Luzon Expressway (SLEX) via the Southwoods Exit. ###