{"id":333339,"date":"2025-07-31T01:51:15","date_gmt":"2025-07-30T17:51:15","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=333339"},"modified":"2025-07-31T01:51:17","modified_gmt":"2025-07-30T17:51:17","slug":"trade-the-news-meg-sells-p1-17-billion-worth-of-mreit-shares-via-block-sale","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-meg-sells-p1-17-billion-worth-of-mreit-shares-via-block-sale\/","title":{"rendered":"Trade the News: MEG sells P1.17 billion worth of MREIT shares via block sale"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>Megaworld Corp.<\/td><\/tr>
Stock Code<\/strong><\/td>MEG<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Hold<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 2.61<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Potential Impact of this News<\/strong><\/td>NEGATIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>MREIT, Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>MREIT<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 16.86<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Megaworld Corp. (MEG) sold P1.17 billion worth of shares in its real estate investment trust, MREIT, Inc. (MREIT), through a block sale.<\/p>\n\n\n\n

Megaworld sold 84.8 million common shares in MREIT at P13.82 per share on Friday, the real estate company said in a regulatory filing on Monday.<\/p>\n\n\n\n

The offer price was at a discount to MREIT\u2019s share price of P14.18 per share on Friday.<\/p>\n\n\n\n

Megaworld tapped Maybank Securities, Inc. and BDO Securities as brokers for the transaction.<\/p>\n\n\n\n

The block sale proceeds will be settled on Tuesday.<\/p>\n\n\n\n

(News Source: Business World<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-333339","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=333339"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333339\/revisions"}],"predecessor-version":[{"id":333341,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333339\/revisions\/333341"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=333339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=333339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=333339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}