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San Miguel Corp and Metro Pacific Investments Corp
2015-05-25 06:49:59| Beverages - Topix.net
MANILA San Miguel Corp.'s and Metro Pacific Investments Corp.'s documents and requirements for the Cavite-Laguna Expressway bidding are all in order, setting the stage for a competitive opening of bids on Tuesday. Three government officials said the two companies' documents and requirements are compliant, and that the Bids and Awards Committee is expected to officially sign off on this Monday.
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San Miguel reports PHP6-B profit for Q1
2015-05-15 09:00:06| Beverages - Topix.net
Diversified conglomerate San Miguel Corp. said its profit surged slightly to PHP6 billion in the first quarter despite the inventory losses incurred by fuel and oil business due to lower global oil prices. In a statement, SMC said the strong reported earnings of its core businesses and power unit cushioned the impact of Petron Corp.'s weak performance.
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San Miguel taps ANZ for bond buyback funds
2015-04-13 10:50:46| Beverages - Topix.net
Philippine conglomerate San Miguel Corp. has awarded the sole mandate to ANZ for a loan to finance its proposed buyback of bonds, marking the borrower's return to the loan markets after two years, IFR reported on Monday. Earlier this month, San Miguel agreed to buy back $283.62 million of its 4.875 percent U.S. dollar bonds due 2023 under a tender offer.
San Miguel buys back Singapore-listed notes
2015-04-07 05:13:41| Beverages - Topix.net
Food-to-infrastructure conglomerate San Miguel Corp. has successfully repurchased more than half of the debt notes it issued in 2013. In a disclosure to the Singapore Stock Exchange, SMC said it has agreed to buy back $283.62 million of its 4.875 percent notes due in 2023 that it intends to retire.
San Miguel recurring income up 244 pct
2015-03-26 18:26:03| Beverages - Topix.net
San Miguel Corp. on Thursday said its recurring income in surged 244 percent to P27.9 billion in 2014, driven by growth in its traditional and new businesses. However, the diversified conglomerate did not give its net income for 2014.
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