Conglomerate San Miguel Corp. (SMC) is targeting to raise as much as P50 billion through the issuance of Series 2 preferred shares. The fundraising is part of the P65-billion share sale under a three-year shelf registration program SMC filed with the Securities and Exchange Commission (SEC). San Miguel said the…
Conglomerate San Miguel Corp. (SMC) has raised P13 billion from the issuance of Series 2-M preferred shares through private placement. The company said in its disclosure that it sold 173.33 million in cumulative, nonvoting, nonparticipating, nonconvertible, redeemable, peso-denominated preferred shares, with a par value of P5 per share and at…
The Revere License Commission held its regular monthly meeting last Wednesday afternoon, August 16, in the City Council Chamber. Chair Robert Selevitch and fellow member Daniel Occena were on hand for the session. The commission approved a number of one-day licenses for upcoming events at various locations throughout the city. The first was an application
SMC nets P23B, up 18% malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
Conglomerate San Miguel Corp. (SMC) said its income in the first half rose 18 percent to P23.3 billion from the previous year’s P19.8 billion, due to sustained performance improvements across its units. SMC said its performance during the period was also supported by contributions from its new acquisition, Eagle Cement…