Edition:
United States

San Miguel Corp (SMC.PS)

SMC.PS on Philippine Stock Exchange

103.00PHP
29 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Philippines' San Miguel's net income up 80 pct in 2016
Thursday, 16 Mar 2017 04:27am EDT 

Philippines' San Miguel : Says 2016 net income 52 billion pesos ($1.04 billion), up 80 percent versus 2015 Further company coverage: [SMC.PS] ($1 = 50.1450 Philippine pesos) (Reporting by Neil Jerome Morales) ((neiljerome.morales@thomsonreuters.com;)).  Full Article

San Miguel Corp clarifies on news article posted in Businessworld online
Wednesday, 1 Mar 2017 10:52pm EST 

San Miguel Corp : Refers to news article posted in Businessworld online on March 2, 2017 . Businessworld articles states SMC eyes another bond issue to refinance dollar-denominated debt .Confirms co contemplates to issue second tranche from 60 billion pesos retail bond shelf offering to further reduce remaining dollar denominated debt of co.  Full Article

Philippines' San Miguel says to issue bonds this year
Tuesday, 28 Feb 2017 08:27pm EST 

Philippines' San Miguel chief financial officer Ferdinand Constantino : Says to issue 5-, 7- and 10-year bonds within the year . Says next tranche of bonds to refinance existing debt . Says receives bank offers to finance part of $1.6 bln MRT7 project Further company coverage: [SMC.PS] (Reporting by Neil Jerome Morales) ((Manolo.Serapio@thomsonreuters.com;)).  Full Article

Philippines' San Miguel H1 net income 35.3 bln pesos
Wednesday, 10 Aug 2016 04:29am EDT 

San Miguel Corp : Says H1 reported net income 35.3 billion pesos .H1 net income last year was 8.65 bln pesos, based a previous filing.  Full Article

Globe Telecom clarifies on news report
Wednesday, 27 Jul 2016 03:16am EDT 

Globe Telecom Inc : Clarifies on news report . Clarifies on the news artrcle entitled "Globe files motion to join PLDT petition versus PCC" . Wish to confirm filed urgent motion to consolidate petition with that of PLDT in view of similarity of issues and factual antecedents .  Full Article

Philippine Long Distance Telephone clarifies on news report
Tuesday, 12 Jul 2016 08:16pm EDT 

Philippine Long Distance Telephone Co : Clarification on news report . Confirms it filed petition for certiorari & prohibition with urgent application for issuance of temporary restraining order against pcc . Petition seeks to enjoin pcc from proceeding with review of acquisition by pldt & Globe Telecom of telecom business of San Miguel Corp .  Full Article

Globe Telecom responds to regulatory letter on notice filed for Vega Telecom acquisition
Sunday, 12 Jun 2016 08:44pm EDT 

Globe Telecom Inc : Responded to letter of Philippine Competition Commission addressed to Philippine Long Distance Company, Globe, San Miguel Corporation and Vega Telecom . In letter, PCC claims notice was deficient in form and substance and concludes that acquisition cannot be claimed to be "deemed approved" . Responded supposed "deficiency in form and substance" of notice is not a ground to prevent transaction from being deemed approved . Stated that the notice does not contain any false information .Refers to Philippine Competition Commission (PCC) letter regarding notice filed by Co, PLDT and SMC on acquisition by Globe and PLDT of Vega Telecom.  Full Article

Philippine Long Distance Telephone updates on transaction with Vega Telecom
Sunday, 12 Jun 2016 08:20pm EDT 

Philippine Long Distance Telephone Co : Refers to disclosure regarding acquisition by co and Globe Telecom of telecommunications assets of San Miguel Corp . On June 10, 2016, co submitted its response to the Philippine Competition Commission's letter . "The Vega Telecom transaction is deemed approved and cannot be subjected to retroactive review by the commission" .  Full Article

San Miguel Corp clarifies on news report "San Miguel sales P15B in 2016"
Wednesday, 1 Jun 2016 12:57am EDT 

San Miguel Corp : Refers to news article "San Miguel sales P15B in 2016" published by the Manila times on June 1 . Confirms statements made by its president and COO in article relating to estimated net income of San Miguel brewery inc in 2016 .  Full Article

Philippines' San Miguel in talks with 3 foreign liquor firms for possible acquisition
Thursday, 26 May 2016 02:35am EDT 

San Miguel Corp : President Ramon Ang says company in talks with three foreign liquor companies for possible acquisition Further company coverage: [SMC.PS] (Reporting by Neil Jerome Morales) ((karen.lema@thomsonreuters.com;)).  Full Article

More From Around the Web

BRIEF-San Miguel clarifies to news article entitled posted in manila standard.net

* Refers to news article entitled "SMC plans two Cordillera dams" posted in manila standard.net