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News and Events

SMC Cuts Final Price for Food and Drinks Unit to Php85, Down 39% From Php140 Initial Target

Number of shares offered also halved to just 461 million from 887 million

Diversified conglomerate San Miguel Corp. has cut the final offering price for its shares in San Miguel Food and Beverage Inc. (SMFB) to Php85, the listed food and drinks company said in a disclosure to the Philippine Stock Exchange (PSE) on October ...

by Pauline Macaraeg  | October 25, 2018 04:00:00
News and Events

Would You Buy San Miguel Food and Beverage Shares After Target Price Lowered from Php140 to Php85-95?

The new target price is now within range of recent price movements

San Miguel Food and Beverage Inc. (SMFB) lowered the offering price of its planned share sale to Php85 to Php95 apiece from the original offer of up to Php140, the company stated in a disclosure to the Philippine Stock Exchange on October ...

by Pauline Macaraeg  | October 19, 2018 03:00:00
News and Events

Would You Buy San Miguel Food and Beverage Shares at Php140 Apiece?

San Miguel Corp. announces its timetable to raise Php142 billion from sale of shares in its food and beverage unit

San Miguel Corp. (SMC) has announced plans to raise up to Php142 billion from the follow-on offering of shares in its food and beverage unit, San Miguel Food and Beverage (SMFB) Inc., towards end-October. It’s considered the country’s biggest ever secondary offering.The ...

by Elyssa Christine Lopez  | August 23, 2018 08:00:00
News and Events

Finally, Ginebra San Miguel Posts Profit After 5 Years of Losses

It may help take some of the sting out of heartbreaking loss in the last PBA championships

Ginebra San Miguel, the country’s biggest gin maker, finally made money last year after five straight years of losses. It reported a net income of Php361 million in 2016 compared to a loss of Php386 million the previous year.It’s the first time ...

by Pauline Macaraeg  | March 18, 2017 10:00:00
News and Events

5 Things To Know About the Companies Behind the Beermen and Gin Kings

Even true fans probably don't know these facts about San Miguel Brewery and Ginebra San Miguel

As the clashes between San Miguel Beermen and Barangay Ginebra San Miguel Kings move towards the decisive rounds for the 2017 PBA Philippine Cup, sports fans may care to know more about the companies that the two contending basketball teams represent. Behind San ...

by Pauline Macaraeg  | March 05, 2017 10:00:00
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