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 […]
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Singapore’s SATS Increases Stake in MacroAsia Subsidiary

Makati—(PHStocks)—MacroAsia Corp. (PSE: MAC) has signed a Sale and Purchase Agreement (SPA) with Singapore-based SATS Ltd—one of the leading providers of gateway and food solutions—to sell 162,500 shares representing 13% of the total issued and outstanding capital stock of its subsidiary MacroAsia Catering Services Inc. (MACS), the dominant airline catering company in the Philippines. Related […]
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