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SEC clears PureFoods' P15-B preferred shares sale

2015-02-07 20:26:46| Beverages - Topix.net

The Securities and Exchange Commission has given its nod to the P15-billion preferred shares sale of San Miguel PureFoods Co. Inc. The food processing unit of diversified conglomerate San Miguel Corp. will sell up to 10 million perpetual Series 2 preferred shares with an oversubscription option of up to five million shares at an offer price of P1,000 per share.

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