MacroAsia Declares Cash Dividends

MacroAsia Catering Services Inc. (MACS), 67% owned by MacroAsia Corp. (PSE: MAC) and 33% owned by Singapore Airport Terminal Services (SATS), in its regular board meeting on 28 November 2017, has declared PhP70 million cash dividend. The dividends are payable on December 19, 2017. MacroAsia’s share in this dividend declaration is PhP46.9 million.

MACS, based principally in Manila, is a dominant provider of airline catering in the Ninoy International Airport (NAIA) and the Manila Domestic Airport (MDA).