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Stocks, Mutual Funds, Forex, Finance Philippines

Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

Stocks, Mutual Funds, Forex, Finance Philippines

Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.

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