Ginebra San Miguel Inc. (GSMI), San Miguel Corporation’s spirits business, reported a 7 percent improvement in net income to P3.4 billion as it sustained growth momentum in the first nine months of the year. In a statement, GSMI said it posted revenues amounting to P34.5 billion, 12percent higher...
San Miguel Equity Investments Inc. (SMEII), a wholly-owned subsidiary or San Miguel Corporation has started the P12.66 billion tender offer for shares amounting to 11.5 percent of Eagle Cement Corporation held by minority stockholders. In a disclosure to the Philippine Stock Exchange, Eagle Cement...
San Miguel Brewery Inc. (SMB), the flagship beer business of San Miguel Corporation, posted a 15 percent growth in net income to P16.2 billion from the P14.1 billion earned in the same period last year. In a statement, SMC said SMB registered higher revenues, volumes, and profits versus last year...
Scottie Thompson put on the emphatic finish to a familiar Ginebra comeback. The reigning MVP showed nerves of steel and drilled a tough right corner triple with 4.8 seconds left to cap Barangay Ginebra’s comeback from 19 points down and beat San Miguel, 97-96, in the 2022 PBA Commissioner’s Cup...
San Miguel Corporation can now push through with its P97.5 billion acquisition of 88.5 percent of Eagle Cement Corporation after the Philippine Competition Commission (PCC) has ruled that its approval is no longer required for the transaction. In a disclosure to the Philippine Stock Exchange, SMC...
Diversified conglomerate San Miguel Corporation reported that its subsidiary SMC Global Power Holdings Corp. is planning to buy back $400 million worth of its US Dollar-denominated senior perpetual capital Securities through a tender offer. In a disclosure to the Philippine Stock Exchange, SMC said...
Barangay Ginebra channeled its never-say-die attitude once again to author a huge come-from-behind win over bitter rival Magnolia – reminiscent of the good, old days of the team during the era of Sonny Jaworski according to head coach Tim Cone. Ginebra head coach Tim Cone likens Scottie...
Barangay Ginebra San Miguel just loves ending other teams’ winning streaks and putting a dent to their perfect records. Justin Brownlee (PBA Images) After handing PBA guest team Bay Area Dragons their first taste of defeat, the Gin Kings, behind the huge fourth quarter performance from Justin...
Magnolia is back on its full strength when it tries to preserve its perfect record against arch-nemesis Barangay Ginebra in what is seen to be another epic installment of their Manila Clasico rivalry in the 2022 PBA Commissioner’s Cup at the Mall of Asia Arena on Sunday, Oct. 23. Ian Sangalang...
A collision of coaching wits and a battle of the best basketball minds. There will be no scarcity of greatness when two legendary bench tacticians figure in a much-anticipated chess match as the Barangay Ginebra San Miguel of coach Tim Cone takes on the still undefeated Bay Area of Australian...
San Miguel Corporation (SMC) has opened a women’s health clinic in Tondo to provide specialized healthcare for women from nearby poor communities. In a statement, the conglomerate said the clinic aims to reduce the risk of breast and cervical cancer — two of the most common diseases among...
Diversified conglomerate San Miguel Corporation is planning to undertake a P12.66 billion tender offer for minority shares of Eagle Cement Corporation once the Philippine Competition Commission approves the P97.5 billion acquisition of the cement firm. In a disclosure to the Philippine Stock...