San Miguel Corporation raises P30B from follow-on offering
San Miguel Corporation (SMC) concluded its Php30 billion follow-on offering (FOO) today, August 3, 2026, by listing its Series 2V, 2W, and 2X preferred shares on the Philippine Stock Exchange (PSE). The said securities were listed under the ticker symbols SMC2V, SMC2W, and SMC2X. PSE President and CEO Ramon S. Monzon commended SMC for its…
Source: Philippine Stock Exchange · August 12, 2026 at 6:35 PM · AI-assisted report
KUALA LUMPUR, 13 AUGUST 2026 —
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San Miguel Corporation (SMC) concluded its Php30 billion follow-on offering (FOO) today, August 3, 2026, by listing its Series 2V, 2W, and 2X preferred shares on the Philippine Stock Exchange (PSE). The said securities were listed under the ticker symbols SMC2V, SMC2W, and SMC2X. (AI-assisted rewrite, based on the original source)
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Malaysia Impact
The story may have a minimal effect on the Malaysian economy, potentially influencing the ringgit's value against the Philippine peso. However, the impact is expected to be negligible on the KLCI.