Bank of Commerce (BankCom), an affiliate of San Miguel Corporation, is planning to raise up to P4 billion from a planned initial public offering next year. Based on the draft prospectus filed with the Securities and Exchange Commission, the bank is planning to offer up to 280.6 million common...
Diversified conglomerate San Miguel Corporation has filed with the Securities and Exchange Commission a Registration Statement and Preliminary Prospectus for the shelf registration of P60-billion worth of Fixed Rate Bonds. In a disclosure to the Philippine Stock Exchange, the firm said the bonds...
San Miguel Corp.’s Luzon Clean Water Development Corporation (LCWDC) was cleared to increase water rates in areas covered by the Bulacan Bulk Water Supply Project (BBWSP). In a statement, Metropolitan Waterworks and Sewerage System (MWSS) announced that LCWD will impose a P0.35 centavos per cubic...
After the lockdown cut off farmers’ access to markets, San Miguel rolled out programs to preserve harvests, increase farm incomes, and create sustainable opportunities in food production When Luzon was placed under enhanced community quarantine in mid-March 2020, among the first voices heard from...
House Assistant Majority Leader and Cebu Representative Eduardo Gullas on Friday rejected the offer of San Miguel Corporation chief executive Ramon Ang to sell Petron Corp. back to the government through a five-year installment payment scheme. "Thanks, but no thanks. Business tycoon Ramon Ang can...
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...
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 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...
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...
San Miguel Corporation (SMC) President Ramon S. Ang led the company’s senior management team in paying tribute to SMC personnel who succumbed to COVID-19 since the pandemic began. This was during a simple mass held at the company’s Pasig City offices as part of activities marking the SMC’s...
San Miguel shutting down meat business in Indonesia San Miguel Food and Beverage, Inc. (SMFBI), a core subsidiary of diversified conglomerate San Miguel Corporation is shutting down its processed meats business in Indonesia by the end of this month. In a disclosure to the Philippine Stock Exchange,...
San Miguel Corporation clarified that, while it has held initial discussions, the firm has not formally engaged Palafox Associates and Palafox Architecture Group, Inc. for a consulting agreement for the P95 billion Pasig River Expressway (PAREX) project. “There is no formal engagement with Arch...
