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                    [ArticleID] => 26460
                    [Title] => San Miguel sells stakes in Aussie ventures for $2.94B
                    [Summary] => 
            

San Miguel Corp., Southeast Asia’s largest food and beverage conglomerate, has sold its Australian businesses National Foods Ltd. and J. Boag & Son in a deal valued at $2.94 billion,....

[DatePublished] => 2007-11-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 270768 [Title] => SMC’s Aussie brewer unit boosts operating income by 19% [Summary] => Australia’s J. Boag and Son Ltd., a wholly-owned subsidiary of food and beverage giant San Miguel Corp. (SMC), reported a 19 percent jump in operating income last year on higher sales volume.

In a statement released yesterday, SMC said J. Boag’s volume rose 12 percent last year as it continued to score significant market share gains among its flagship brands.
[DatePublished] => 2005-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 237104 [Title] => SMC reports 7% income growth to P7.37B [Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a seven-percent growth in its 2003 net profit to P7.37 billion, driven by robust volumes of beer sales and the improved performance of its packaging and food businesses.

The figure exceeded SMC’s own full-year target of P7 billion, or 5.28 percent higher than the restated income.
[DatePublished] => 2004-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 149885 [Title] => Kirin deal to open new growth venues for SMC [Summary] => A leading global financial services firm, UBS Warburg, said San Miguel Corp.’s profile as an acquirer in the Asian food and beverage arena will be given a lift by Kirin Brewery Co. Ltd.’s planned capital infusion, and provide San Miguel with new avenues for growth.
[DatePublished] => 2002-02-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 145770 [Title] => SMC, RFM set to seal Cosmos sale [Summary] => San Miguel Corp. and RFM Corp. will seal today the P14-billion sale of soft drink company Cosmos Bottling Corp. (CBC), making SMC the undisputed leader in the country’s beverage industry.

The purchase by the San Miguel group of CBC, the second largest soft drink firm in the Philippines, will be done through its 65 percent subsidiary and dominant beverage company Coca-Cola Bottlers Philippines Inc. (CCBPI) and foreign partner. The Coca-Coca Co. based in Atlanta.
[DatePublished] => 2002-01-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 140882 [Title] => SMC to expand presence in AsPac [Summary] => Food and beverage giant San Miguel Corp. (SMC) said yesterday it is eyeing to expand its business presence in other areas in the Asia Pacific region although the discussions are still in a very preliminary stage.

SMC wrote the Philippine Stock Exchange (PSE) that as part of its continuing corporate planning process, it "evaluates possible business for acquisitions, strategic alliances or joint ventures, in the Philippines or abroad."
[DatePublished] => 2001-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 95945 [Title] => Court junks GSIS petition to stop SMC stockholders meeting [Summary] => It is all systems go for the scheduled annual stockholders meeting of San Miguel Corp. (SMC) tomorrow as the Mandaluyong Regional Trial Court (RTC) junked the petition for postponement by state pension fund Government Service Insurance System (GSIS).

In a five-page decision released last Monday, the Mandaluyong RTC also denied the GSIS’s request for a preliminary mandatory and/or prohibitory injunction to compel the food and beverage conglomerate into reopening the nomination for the company’s board of directors.
[DatePublished] => 2001-05-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 95892 [Title] => Cojuangco projects 20% growth for San Miguel [Summary] => San Miguel Corp. (SMC) chairman and chief executive officer Eduardo M. Cojuangco Jr. is projecting a 20 percent growth in revenues for the food and beverage conglomerate over the next two years.

Cojuangco said yesterday the growth will come from higher sales and broader market share, as well as from strategic acquisitions SMC undertook recently.
[DatePublished] => 2001-04-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 97017 [Title] => SMC net income up 25% to P7.5 B [Summary] => San Miguel Corp. ended the year 2000 with a recurring net income of P7.5 billion, an increase of 25 percent over the previous year’s P6.01 billion, and a reflection of the sustained focus on performance and results of SMC’s management team led by chairman Eduardo Cojuangco, Jr., despite increased business challenges in the second semester of the year.
[DatePublished] => 2001-02-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98537 [Title] => San Miguel int’l beer sales up 40% [Summary] => San Miguel Corp. continued to post significant improvement in its international beer operations with sales volume for August rising 40 percent to 4.3 million cases from last year’s 3.1 million cases.

Following this healthy growth, revenues rose by 25 percent to $25.1 million and operating income increased by 64 percent to $1.5 million.

For the first eight months, SMC’s international beer revenues amounted to $153.7 million, while operating income totaled $1.7 million, a reversal of the $7.9 million loss in 1999.

J. [DatePublished] => 2000-10-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BOAG
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(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 26460
                    [Title] => San Miguel sells stakes in Aussie ventures for $2.94B
                    [Summary] => 
            

San Miguel Corp., Southeast Asia’s largest food and beverage conglomerate, has sold its Australian businesses National Foods Ltd. and J. Boag & Son in a deal valued at $2.94 billion,....

[DatePublished] => 2007-11-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 270768 [Title] => SMC’s Aussie brewer unit boosts operating income by 19% [Summary] => Australia’s J. Boag and Son Ltd., a wholly-owned subsidiary of food and beverage giant San Miguel Corp. (SMC), reported a 19 percent jump in operating income last year on higher sales volume.

In a statement released yesterday, SMC said J. Boag’s volume rose 12 percent last year as it continued to score significant market share gains among its flagship brands.
[DatePublished] => 2005-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 237104 [Title] => SMC reports 7% income growth to P7.37B [Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a seven-percent growth in its 2003 net profit to P7.37 billion, driven by robust volumes of beer sales and the improved performance of its packaging and food businesses.

The figure exceeded SMC’s own full-year target of P7 billion, or 5.28 percent higher than the restated income.
[DatePublished] => 2004-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 149885 [Title] => Kirin deal to open new growth venues for SMC [Summary] => A leading global financial services firm, UBS Warburg, said San Miguel Corp.’s profile as an acquirer in the Asian food and beverage arena will be given a lift by Kirin Brewery Co. Ltd.’s planned capital infusion, and provide San Miguel with new avenues for growth.
[DatePublished] => 2002-02-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 145770 [Title] => SMC, RFM set to seal Cosmos sale [Summary] => San Miguel Corp. and RFM Corp. will seal today the P14-billion sale of soft drink company Cosmos Bottling Corp. (CBC), making SMC the undisputed leader in the country’s beverage industry.

The purchase by the San Miguel group of CBC, the second largest soft drink firm in the Philippines, will be done through its 65 percent subsidiary and dominant beverage company Coca-Cola Bottlers Philippines Inc. (CCBPI) and foreign partner. The Coca-Coca Co. based in Atlanta.
[DatePublished] => 2002-01-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 140882 [Title] => SMC to expand presence in AsPac [Summary] => Food and beverage giant San Miguel Corp. (SMC) said yesterday it is eyeing to expand its business presence in other areas in the Asia Pacific region although the discussions are still in a very preliminary stage.

SMC wrote the Philippine Stock Exchange (PSE) that as part of its continuing corporate planning process, it "evaluates possible business for acquisitions, strategic alliances or joint ventures, in the Philippines or abroad."
[DatePublished] => 2001-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 95945 [Title] => Court junks GSIS petition to stop SMC stockholders meeting [Summary] => It is all systems go for the scheduled annual stockholders meeting of San Miguel Corp. (SMC) tomorrow as the Mandaluyong Regional Trial Court (RTC) junked the petition for postponement by state pension fund Government Service Insurance System (GSIS).

In a five-page decision released last Monday, the Mandaluyong RTC also denied the GSIS’s request for a preliminary mandatory and/or prohibitory injunction to compel the food and beverage conglomerate into reopening the nomination for the company’s board of directors.
[DatePublished] => 2001-05-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 95892 [Title] => Cojuangco projects 20% growth for San Miguel [Summary] => San Miguel Corp. (SMC) chairman and chief executive officer Eduardo M. Cojuangco Jr. is projecting a 20 percent growth in revenues for the food and beverage conglomerate over the next two years.

Cojuangco said yesterday the growth will come from higher sales and broader market share, as well as from strategic acquisitions SMC undertook recently.
[DatePublished] => 2001-04-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 97017 [Title] => SMC net income up 25% to P7.5 B [Summary] => San Miguel Corp. ended the year 2000 with a recurring net income of P7.5 billion, an increase of 25 percent over the previous year’s P6.01 billion, and a reflection of the sustained focus on performance and results of SMC’s management team led by chairman Eduardo Cojuangco, Jr., despite increased business challenges in the second semester of the year.
[DatePublished] => 2001-02-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 98537 [Title] => San Miguel int’l beer sales up 40% [Summary] => San Miguel Corp. continued to post significant improvement in its international beer operations with sales volume for August rising 40 percent to 4.3 million cases from last year’s 3.1 million cases.

Following this healthy growth, revenues rose by 25 percent to $25.1 million and operating income increased by 64 percent to $1.5 million.

For the first eight months, SMC’s international beer revenues amounted to $153.7 million, while operating income totaled $1.7 million, a reversal of the $7.9 million loss in 1999.

J. [DatePublished] => 2000-10-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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