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Higher taxes eat into San Miguel Brewery sales volume, profit

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san-miguel

San Miguel Brewery reported a 17-percent drop in net profit to P12.5 billion last year as higher excise taxes gnawed on sales volume alongside some foreign exchange losses from dollar obligations.

Posted: February 7th, 2014 in Latest Business Stories | Read More »

SMC to take new investors in banking, power

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SMC president Ramon S. Ang: Confirmation.  AP FILE PHOTO

Conglomerate San Miguel Corp. plans to take in new strategic investors for its banking and power-generation units as it pursues a diversification program that includes forays into infrastructure and heavy industry.

Posted: July 12th, 2013 in Latest Business Stories | Read More »

SMC brewery unit to delist on May 15

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Beer-maker San Miguel Brewery has requested to be stricken off the roster of the Philippine Stock Exchange effective May 15 this year.

Posted: February 22nd, 2013 in Headlines | Read More »

San Miguel Brewery delisting from PSE, sets tender offer at P20 each

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san-miguel

Diversifying conglomerate San Miguel is delisting flagship San Miguel Brewery Inc. from the local stock market and buying back minority shares at P20 per share.

Posted: February 18th, 2013 in Latest Business Stories | Read More »

19 firms still below PSE’s minimum public float 2 weeks before deadline

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While inclement weather continued to sideline Philippine markets, Asian emerging markets are likewise battling a “storm” arising from a capital flight to developed markets in anticipation of the US Federal Reserve’s tapering of its easy money policy. INQUIRER FILE PHOTO

With two weeks to go before the ultimate deadline, 19 listed companies are still below the 10-percent minimum public ownership required for continued listing on the Philippine Stock Exchange.

Posted: December 19th, 2012 in Latest Business Stories | Read More »

When trees brew life

Big things usually start small, and nowhere is this adage more apt than in a tiny seed that, when cared for properly, grows into a tree that provides shelter, food, and a host of other benefits that make such an immeasurable impact on our lives, and that of future generations’.

Posted: October 6th, 2012 in Headlines,Inquirer Features | Read More »

San Miguel considering delisting of beer subsidiary

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san-miguel

San Miguel Corp. on Tuesday said it may take private its flagship beer business—one of the biggest listed firms on the local bourse—if its Japanese partner is unwilling to sell more shares for the firm to meet the minimum float requirement of the Philippine Stock Exchange.

Posted: May 30th, 2012 in Latest Business Stories | Read More »

San Miguel Brewery lists P17B in bonds at PDEx

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Beer-maker San Miguel Brewery listed on Monday P17 billion worth of long-term retail bonds on the fixed income exchange Philippine Dealing and Exchange Corp. (PDEx).

Posted: April 2nd, 2012 in Headlines | Read More »

SMB lists P17-B bonds on PDEx

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Beer-maker SAN Miguel Brewery listed on Monday P17 billion worth of long-term retail bonds on fixed income exchange Philippine Dealing & Exchange Corp. (PDEx).

Posted: April 2nd, 2012 in Latest Business Stories | Read More »

3 major fund-raising activities get SEC nod

The Securities and Exchange Commission on Thursday approved three major fund-raising activities by major corporations GT Capital Holdings Inc., San Miguel Brewery Inc. and East West Bank worth more than P50 billion.

Posted: March 16th, 2012 in Headlines | Read More »

SMB raises P20B through sale of long-term bonds

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Local beer giant San Miguel Brewery Inc. has returned to the local retail bond market for the first time in three years, raising P20 billion from the sale of long-term fixed-rate bonds.

Posted: March 15th, 2012 in Headlines | Read More »

San Miguel Brewery gets triple-A rating for P20-B retail bond offering

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Leading beer-maker San Miguel Brewery has obtained a triple-A credit rating from credit watcher from Philippine Rating Services Corp. on its upcoming P20-billion retail bond offering.

Posted: February 14th, 2012 in Latest Business Stories | Read More »

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