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Consolidated operating income, meanwhile, amounted to P15.4 billion, up 7 percent from the same period last year. SMC said the growth was driven mainly by SMC Global Power and the improved performance of its other businesses, particularly the food
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There is still a lot of potentials here president Nestor Tan told reporters during a briefing before the bank's annual stockholders' meeting. We will be negligent if we don't consider that and focus internationally. There is still a lot of room for
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Corp. has set an initial price guidance of 5.125% for a planned $2-billion foreign bond offering, the proceeds of which will be used for general corporate purposes and debt payments. The price guidance for the issuance, which was announced earlier
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P4.2 billion in 2012, the company said in a disclosure to the Philippine Stock Exchange. San Miguel Corp., said it posted higher profits on the back of robust sales, improved efficiencies, and the continued expansion of its distribution network,
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DBS Bank and Maybank have joined, besides the previously reported ANZ, Bank of America Merrill Lynch and Standard Chartered Bank. Banks have been invited to join at an all-in of 266bp via a 155bp upfront fee and a margin of 235bp over Libor for
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PhilippinesThe brewing unit of diversified conglomerate San Miguel Corp...According to a company official familiar with the issue, San Miguel Brewery Inc.'s total revenues for last year hit P76 billion, representing an improvement of 5.7 percent over
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Wednesday. The company has a full force of staff studying possible acquisitions in that area, San Miguel president Ramon Ang told reporters. "We will only buy into oilfields that have proven output," he said. San Miguel, with a market value of $
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Limay combined cycle power plant in Bataan, and eventually convert the facility to run using fuel sources other than diesel. In an interview with reporters, Millennium Energy president Miguel Jose C. Valencia explained that they had tapped a third
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San Miguel is considering investing in a private Asian company with a market value of at least $5 billion. Globe to resolve unauthorized use of each other's facilties Another blog post that won't make any money Should Apple be a $200 stock?
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Payment for and delivery of the Option Shares shall take place not later than 12 p.m. (Manila Time) 28 Dec...Lau told PureFoods in a separate letter. Last November, parent San Miguel Corp. said it has priced a secondary share offer of up to 25
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