SMC Buys Back 71% of $400M Worth of Notes

San Miguel Corp.  (PSE: SMC) said it had bought back 71 percent of about $400 million worth of notes listed in Singapore that it was seeking to redeem via a tender offer. Read More Source: Philippine Daily Inquirer Related Articles:San Miguel Lists PhP80B Preferred SharesPSE Approves SMC Application for Series 2 Preferred Shares OfferingSan Miguel Buys […]
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San Miguel Lists PhP80B Preferred Shares

Mandaluyong—(PHStocks)—Diversifying conglomerate San Miguel Corp. (PSE: SMC) has listed PhP80 billion worth of preferred shares, the country’s biggest to date, at the Philippine Stock Exchange Inc. (PSE). The landmark capital-raising activity successfully attracted retail as well as institutional investors seeking higher yields in low-interest environment. “Our presence today points to our company’s commitments as an […]
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PSE Approves SMC Application for Series 2 Preferred Shares Offering

Manila—(PHStocks)—The Board of Directors of The Philippine Stock Exchange Inc. (PSE), in its regular meeting on September 26, 2012, approved the application of San Miguel Corporation (PSE: SMC) for the listing of 1,067,000,000 Series 2 Preferred Shares, with a par value of PhP5.00 per share, covering the company’s public offering of the Preferred Shares at […]
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San Miguel Buys EXXON Mobil’s Downstream Oil Business in Malaysia

(PHStocks) – San Miguel Corp. (PSE: SMC) announced today that following approval by the company’s Board of Directors, management has signed sale and purchase agreements to acquire three subsidiaries comprising Exxon Mobil’s downstream oil business in Malaysia. The companies are: Esso Malaysia Bhd (EMB), a publicly traded company of which Exxon Mobil owns a 65% stake; […]
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Successful Debut Bond Issue for SMC Global Power Holdings

San Miguel Corp. (PSE: SMC) has announced that SMC Global Power Holdings Corp., its wholly-owned subsidiary, successfully closed its debut bond issue at an optimal size of $300 million. The issue is on a 5-year tenor at 7% pricing, which is at the tight end of the pricing guidance of 7.25%. ANZ, HSBC and Standard […]
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SMC’s Vega Telecom Acquires AGNP

San Miguel Corp. (PSE: SMC), through its subsidiary Vega Telecom Inc. (Vega), has acquired 100% of the outstanding and issued shares of stock of Australian Gigahertz Network Philippines Inc. (AGNP) comprising of one hundred thousand (100,000) common shares with a par value of P100.00 per share. The Sale Shares were registered in the name of […]
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SMC and Indophil Resources Extend Share Placement Agreement

San Miguel Corp. (PSE: SMC) has announced that the company and Indophil Resources NL have agreed to extend the exclusivity period of their Share Placement Agreement, dated 8 October 2010, to 10 February 2011. Related Articles:SMC Announces Additional Preferred Shares ListingSMC Clarifies PhP250-a-share ReportSan Miguel Lists PhP80B Preferred SharesPSE Approves SMC Application for Series 2 […]
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