San Miguel Corporation

Philippines' San Miguel Corporation to Sell Bonds To Retail Investors

The Philippines' largest company, San Miguel Corporation will sell bond to small investors. The company is aiming to cut dollar-denominated debt and protect its earnings.

Read Full Article

PLDT to Maintain Capital Spending at Record Level to prepare for Telstra entry

Philippine Long Distance Telephone Co. will allocate another record level 43 billion pesos ($915 million) in capital spending this year to defeat domestic competition and prepare for the possible entry of Telstra Corp. to the Philippines.

Read Full Article

JG Summit raises more funds for Meralco stock purchase

Philippine-based JG Summit Holdings Inc raised PHP8.8 billion through an overnight equity placement to fund a stake acquisition in Manila Electric Company (Meralco) and other corporate purposes.

Read Full Article

San Miguel nearing sale of more Meralco shares to JG Summit

San Miguel Corp. President Ramon Ang said on Tuesday that it had been in talks with JG Summit Holdings Inc to sell a part of a stake it owns in Manila Electric Co.

Read Full Article

SMB to raise US$4 billion to fund expansion

San Miguel Corp plans to raise US$4 billion to fund expansion by selling power assets of Meralco.

Read Full Article

Lucio Tan to Consider Exiting Philippine Airlines After Two Decades

Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics