Diversified conglomerate San Miguel Corporation (SMC) has raised P34 billion from the sale of firm offer preferred shares and over-subscription option shares during its follow-on offering (FOO). The Philippine Stock Exchange said SMC formally listed its Series 2-L, 2-N and 2-O preferred shares...
Diversified conglomerate San Miguel Corporation (SMC) climbed 131 spots and surged to number 43 on the annual World’s Best Employers list by Forbes Magazine and research firm Statista. In a statement, SMC said it emerged as the runaway leader among the few Filipino firms that made it to the...
Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system. In a statement, SMC said the connection will be made via the upcoming South East Metro Manila...
Bank of Commerce (BankCom), an affiliate of San Miguel Corporation (SMC), posted a record net income of P2 billion for the first nine months of 2023, outperforming the full-year 2022 profit of P1.8 billion by 12 percent. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it...
San Miguel Corporation's (SMC) net income for the nine-month period of 2023 soared 141 percent to P31.2 billion from P12.9 billion recorded in the same period last year driven by performance growth across its key subsidiaries. These subsidiaries include Petron Corporation, San Miguel Brewery Inc....
San Miguel Brewery Inc. (SMB), San Miguel Corporation’s privately-held brewing unit, reported a 20.2 percent hike in consolidated net income to P19.4 billion in the first nine months of 2023 versus the same period last year. In a statement, the firm said its performance was driven mainly...
San Miguel Corporation's (SMC) infrastructure unit said it is preparing its major expressways in anticipation of heavy traffic from Oct. 27 throughout the extended weekend brought by the influx of provincial travel due to the Barangay and Sangguniang Kabataan Elections (BSKE) on Oct. 30 and "Undas"...
The Singapore-based holding firm of Atlantic, Gulf & Pacific Company (AG&P) has reshuffled its top management after the departure of its former Chief Executive Joseph Sigelman, following an internal investigation due to alleged mismanagement concerns in the company. AG&P announced that...
The Securities and Exchange Commission (SEC) has approved the shelf registration of bonds and preferred shares by Vista Land & Lifescapes Inc. and San Miguel Corporation (SMC), respectively, with a total value of P100 billion. In its Oct. 17 meeting, the Commission En Banc resolved to render...
San Miguel Corporation (SMC) is collaborating with various government bodies to clean and rehabilitate three major rivers and waterways in Metro Manila, Pampanga, Cavite, and Bulacan. SMC’s “Adopt-A-River program” is the country’s biggest corporate social responsibility (CSR) initiative,...
San Miguel Corporation (SMC) reported that 74 railway professionals under the cadetship program of its Metro Rail Transit-7 (MRT-7) project recently completed their mandatory training under the Philippine Railways Institute (PRI). The firm said in a statement that this training program is a vital...
The Energy Regulatory Commission (ERC) has approved the withdrawal of application for the power supply agreements (PSA) that had been jointly agreed to be terminated by parties-in-interest Manila Electric Company (Meralco) and the subsidiary-companies of SMC Global Power Holdings Corp (SMGP) of the...
