Diversified conglomerate San Miguel Corporation (SMC) more than tripled its consolidated net income to P34.2 billion in the first nine months of 2021 compared to the P10.7 billion earned in the same period last year. 45332 In a statement, the firm said higher profits came as SMC continued its...
San Miguel Food and Beverage, Inc. (SMFB) reported a 68 percent jump in consolidated net income to P24.2 billion in the first nine months of the year “following solid strategic pivots that allowed it to address the challenges of the COVID-19 pandemic on its businesses.” In a disclosure to the...
Synergy Grid and Development Philippines, Inc. (SGP) successfully listed the shares from its P13.8 billion follow-on offering (FOO) on the Philippine Stock Exchange (PSE). The stock closed 5 percent higher at P12.60 per share from its FOO price of P12.00 apiece. SGP offered 1.05 billion common...
Taking a hint from San Miguel Corporation president and chief executive officer Ramon S. Ang, senior members of the Lower House want to launcg an inquiry into reported massive smuggling of fuel into the country. Appearing before the House Committee on Ways and Means on Monday, Ang noted that...
San Miguel Chief Executive Officer Ramon S. Ang on Monday, Nov. 8 said he is willing to sell back to government the Petron Corporation on easy terms that include a five-year installment payment. Ramon S. Ang Ang made the offer during the briefing on legislative measures proposing the suspension of...
AllDay Marts Inc. marked a successful debut at the Philippine Stock Exchange (PSE) with its share rising 50 percent to P0.90 apiece and hitting the ceiling of the trading band immediately upon listing. The firm raised P4.5 billion from its oversubscribed initial public offering (IPO) of 6.86...
San Miguel Corp. president Ramon S. Ang (second from right) poses with boxers Eumir Marcial, Nesthy Petecio and Carlo Paalam San Miguel Corp. president Ramon S. Ang personally handed financial incentives to boxers Nesthy Petecio, Carlo Paalam and Eumir Marcial for winning silver and bronze medals...
Microtel by Wyndham, an international chain of limited service hotels with properties in strategic locations nationwide, has vaccinated 100 percent of its workforce in a bid to protect its employees and guests from the threat of COVID-19. This is according to Jose Mari del Rosario, President and...
House Deputy Speaker and 1PACMAN Partylist Rep. Mikee Romero on Thursday, Oct. 28 appealed for “urgent affirmative action” on the proposed “Eddie Garcia Act” that is pending in the Senate amid the controversy over the fatal shooting accident in the set of the US film “Rust" recently...
media San Miguel Corporation (SMC) recently mounted two more brand new Hyundai Rotem train sets on its 22-kilometer, P68.2 Billion Metro Rail Transit Line 7 (MRT 7) and is on track to start operating next year. This was the second batch of train sets, after the first arrived from Korea last month....
San Miguel Corporation (SMC) reported that its pandemic food relief drive that began in March last year continues to serve as a lifeline for struggling urban families. In a statement, SMC said the program has yielded close to two million pieces of nutribun and pandesal breads throughout Metro...
The Philippine Stock Exchange Board of Directors has approved the listing of the shares of Medilines Distributors Inc. (MEDIC), paving the way for its planned P2 billion initial public offering (IPO). For its maiden offering, MEDIC will be selling up to 825 million primary and secondary shares from...
