Diversified conglomerate San Miguel Corporation (SMC) reported a 26 percent growth in consolidated core net income to P43.5 billion in the first nine months of 2022 from the P34.4 billion earned in the same period last year. However, consolidated nine-month net income fell 62 percent to P12.9...
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...
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...
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...
Diversified conglomerate San Miguel Corporation is planning to acquire 88.5 percent of Eagle Cement Corporation, a firm controlled by SMC President Ramon S. Ang, P97.5 billion. In a disclosure to the Philippine Stock Exchange, SMC said its Board of the Directors, with the endorsement of the Related...
Diversified conglomerate San Miguel Corporation has received the highest Issue Credit Rating of PRS Aaa from Philippine Rating Services Corporation (PhilRatings) for its planned P60 billion bond issuance. PhilRatings said SMC is planning a bond issuance of P40 billion with an oversubscription of...
Diversified conglomerate San Miguel Corporation is planning to raise up to P80 billion from the issuance of fixed-rate Peso-denominated bonds. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors has authorized the offering and issuance of the bonds amounting to up...
Diversified conglomerate San Miguel Corporation (SMC) has signed on to support the government’s intensified booster vaccination drive program and is the health department’s largest private sector partner to date. In a statement, SMC said it is throwing its full support behind government's...
San Miguel Corporation (SMC) has completed its two-year, P1-billion clean-up of the Tullahan River, President and CEO Ramon S. Ang announced in his Facebook post on Saturday, August 27. "In just over two years, we’ve reached our target of removing 1.12 million metric tons of wastes from the...
