SMB to be delisted; tender offer at P20/share
San Miguel Corp. has firmed up plans to delist crown jewel San Miguel Brewery Inc. from the local stock market and buy back shares at P20 each.
San Miguel Corp. has firmed up plans to delist crown jewel San Miguel Brewery Inc. from the local stock market and buy back shares at P20 each.
One would think that, after all the financial malfeasance that has happened these last few years, people would have wisened up to scammers by now.
San Miguel Brewery Inc. has filed an application with the Securities and Exchange Commission to offer up to P20 billion in fixed rate bonds, marking its return to the domestic bond market three years after a historic retail bond debut.
San Miguel Brewery Inc. has filed an application with the Securities and Exchange Commission to offer up to P20 billion in fixed rate bonds, marking its return to the domestic bond market three years after a historic retail bond debut.
San Miguel Brewery Inc., the beer unit of conglomerate San Miguel Corp., grew its net profit last year by 17.4 percent to P12.2 billion on the back of higher volume and selling prices.
Cojuangco-led San Miguel Brewery Inc. (SMB) plans to issue as much as P20 billion worth of peso-denominated bonds to refinance obligations that are falling due next year.
