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The most recent High Court pronouncement came early this year, Philippine Coconut Producers Federation, Inc. (COCOFED) vs. Republic of the Philippines, [32] where the Court, voting 11–0, declared that the remaining 27% of SMC is owned by the government. [33] (Note: The 27% had been diluted to 24% due to the government's failure to subscribe ...
San Miguel Food and Beverage, Inc., (formerly known as San Miguel Pure Foods Company, Inc.), is a Philippine food and beverage company headquartered in Pasig, Metro Manila. It is the largest food and beverage company in the Philippines, with nearly 3,000 employees deployed in a nationwide network of offices, farms, manufacturing, processing and ...
SMC also retained ownership of the Aurora Boulevard property. In 1998, SMC withdrew from the Magnolia-Nestlé venture and a non-compete clause barred it from the ice cream and milk businesses for five years. Upon the expiration of the non-compete clause in 2004, SMC revived its ice cream and milk businesses through its subsidiary, Magnolia, Inc ...
In 1994, PDPC acquired the margarine brands Star Margarine and Dari Creme from Procter & Gamble Philippines (formerly the Philippine Manufacturing Company and Procter & Gamble PMC). In 1996, SMC spun off its ice cream and milk business into a joint-venture with Nestlé, forming Magnolia-Nestlé Corporation. The Aurora Boulevard property ...
Neo - is the owner, developer, and manager of the Philippines' top certified green buildings located in Bonifacio Global City. [19] [25] - (SM owns 95% in Neo Subsidiaries and 34% in Neo Associates) Philippine Geothermal Production Company (PGPC) - geothermal development company owned by Allfirst Equity Holdings (AEH) [16] - (SM owns 100%)
SM Retail has ownership over SM Supermarket, SM Hypermarket and Savemore chains which would later be called collectively as SM Markets. [8] [1] It also owns SM Store department stores and food retail stores under Walter Mart and Alfamart (joint venture between SM and the Indonesian-based mini-mart/convenience store chain for Philippine franchise).
New Manila International Airport [a] (Filipino: Bagong Paliparang Pandaigdig ng Maynila), also known as Bulacan International Airport (Paliparang Pandaigdig ng Bulacan), is an international airport under construction on the coastal areas of Bulakan, Bulacan, 35 km (22 mi) north of Manila, the capital of the Philippines.
The coal-fired power station was built after SMC sold the combined cycle gas turbine (CCGT) power plant within the same town in 2011. SMC had intended to convert the CCGT facility it purchased in 2009 into a natural gas power plant, but eventually abandoned that plan in favour of constructing a new coal-fired power station on another site. [2] [3]