Shelf offering OK'd by San Miguel board

By Brix Lelis

Sep 08, 2023 12:24 am

SAN Miguel Corp.'s board has authorized a shelf registration of up to P65 billion worth of preferred shares, 'to be issued for a period of three years or such other period as determined by management.'

The conglomerate said the planned shelf registration would involve up to 866,666,700 Series '2' preferred shares, priced at P75 apiece.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

AREIT to join PSEi; Chinabank returns

SEC OKs Megawide's P6-B share offer plan

Mabuhay Vinyl lends to Philippine Resins

PSE taps SRO profits to fund PDS purchase

Watsons PH expands network to 1,166 stores

Global Ferronickel unit starts exporting to China

Ayala names Syquia as managing director