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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

This is How San Miguel Plans to Address PH's Rice Woes

Conglomerate plans to build giant climate-controlled grains terminals in eight locations to store rice

In his televised “tête-à-tête” with Presidential Chief Legal Counsel Salvador Panelo on September 11, President Rodrigo Duterte threatened he will move for the abolition of the National Food Authority (NFA) Council for its failure to prevent the soaring rice prices through timely ...

by Pauline Macaraeg  | September 13, 2018 05:00:00
News and Events

Financial Adviser: 5 Things to Know About San Miguel Food and Beverage's Follow-On Offering and How to Profit from It

SMFB's parent company San Miguel Corp. plans to sell up to one billion shares or 17% of SMFB

The share price of San Miguel Food and Beverage (SMFB) has gained as much as 96 percent this year from Php53 per share at the start of the year to as high as Php104 recently.The consistent rise of the stock, despite a ...

by Henry Ong  | September 11, 2018 09:00:00
News and Events

A 1.9-Km Bridge to Link Boracay and Caticlan? That's the Plan, Says San Miguel Corp.

Conglomerate announces proposal as DENR vows to reopen the island on October 26

Listed conglomerate San Miguel Corp. (SMC) is submitting an unsolicited proposal to the government to build a bridge connecting Boracay Island to Caticlan in Aklan, several reports said on Tuesday, July 10.In a report by BusinessMirror, SMC President and Chief Operating Officer ...

by Elyssa Christine Lopez  | July 12, 2018 04:00:00
News and Events

SMC, MVP Groups Set Aside Rivalry as Ang donates Php50M for PH sports

Ang made the donation to the Philippine Olympic Committee

This is one rare instance when corporate rivals San Miguel Corp and the MVP group are on the same page.SMC president and COO Ramon S. Ang not only delivered on his promise of a Php20 million for the Philippine Olympic Committee (POC), he threw in ...

by Gerry Ramos for Spin.ph  | June 29, 2018 12:00:00
News and Events

Smooth Driving From Manila All the Way to Ilocos with SMC Plan to Extend TPLEX

Company submits unsolicited proposal to extend the toll road that cut travel time to Baguio to three hours

San Miguel Holdings Corp. (SMHC) has submitted an unsolicited proposal to extend the Tarlac-Pangasinan-La Union Expressway (TPLEX) by 100 kilometers to reach the Ilocos provinces, according to a report by The Philippine Star.According to the news item posted on May 30, San ...

by Elyssa Christine Lopez  | June 08, 2018 05:00:00
News and Events

How Much Pay Did Top Officers of Ayala, San Miguel, Meralco, Other Listed Firms Get in 2017?

Check out the average compensation of top 4 to 6 officers of the 25 biggest listed firms by market capitalization

We all know that top executives of the country’s biggest companies are paid hefty sums of money in compensation that probably exceed tens of millions of pesos. But it’s quite hard to find out exactly how much they’re actually getting.Unless you’re the ...

by Pauline Macaraeg  | May 29, 2018 01:00:00
News and Events

SMC Wins NEDA Board Approval to Build a Php735.6-B International Airport in Bulacan

Policy move gives Department of Transportation more long-term options to address NAIA congestion

San Miguel Corporation’s (SMC) unsolicited proposal to build a Php735.6-billion international airport in Bulacan has been approved by the National Economic and Development Authority (NEDA) board on Wednesday, April 25, the agency said in a statement.The proposal includes the construction, development, operation ...

by Pauline Macaraeg  | April 26, 2018 07:00:00
Run & Grow

Financial Adviser: 5 Reasons Why San Miguel Corp is the Best-Performing Blue Chip Stock This Year

The company has already gained 28 percent to date

San Miguel Corp. (SMC) has transformed itself from a food and beverage company into a diversified conglomerate with investments in key industries in fuel and oil, energy and infrastructure over the past 10 years.In 2008, SMC adopted an aggressive business diversification strategy ...

by Henry Ong  | April 17, 2018 10:00:00
News and Events

Meet the Richest Filipino Women

These women own big businesses like the PH's largest supermarket chain and the most popular noodle brand

Business magazine Forbes’ annual listing of the Philippines’ 50 richest tycoons has always been dominated by men, with just handful of women present. In this infographic timed for International Women’s Day this year, we take a closer look at the women who ...

by Lorenzo Kyle Subido  | March 08, 2018 09:00:00
News and Events

Batasan to Taguig in 35 Minutes? San Miguel to Begin Building C-6 Expressway in April 2018

The first phase of the Php31-billion expressway is expected to be completed by 2020

The Department of Public Works and Highways (DPWH) and the Department of Transportation Toll Regulatory Board (DOTr - TRB) led the groundbreaking of the first phase of the Southeast Metro Manila Expressway (SEMME) today, January 8.“Ngayon, nagpupulong tayo para maisakatuparan ang pangarap ng ...

by Pauline Macaraeg  | January 08, 2018 07:00:00
News and Events

Ramon Ang In Talks to Acquire Majority Stake in Philippine Daily Inquirer

Prieto family will divest from media company after 25 years

San Miguel Corp. CEO Ramon S. Ang is in talks to buy a majority equity stake in media company The Philippine Daily Inquirer (PDI), one of the country’s biggest English-language dailies that helps frame national debates and discussion.In a statement posted by ...

by Paul John Caña and Pauline Macaraeg  | July 17, 2017 07:00:00
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