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SMC: Share sale proceeds for debt refinancing, airport

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…

The 1978 PHL Team | Tessa Jazmines

THE last time the FIBA world championship came to Manila, world basketball was a whole lot different. National Basketball Association (NBA) players were not yet allowed to play in FIBA competitions because professionals were prohibited from competing in international tournaments. That all changed in 1989. At that time, the three-point…

SMC H1 income up 18 percent to P23B | The Manila Times

San Miguel income rises to P23 3B in H1

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…

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