A few days ago, I was surfing the net and try to look on the small investments I made with this corporation I admire very much with their food products and beverages.
I was shocked and awe to read the report on a leading newspaper on their plan to voluntarily delist by May 15, 2013 in the Philippine Stock Exchange. I never imagined that a company like this would get out of it while the stock market is still bullish and not yet correcting at this moment.
I am one of the minority investors who are among those holding about 94.24 million shares or 0.61 percent of SMB’s outstanding shares. I am included in the tiny speck of this company I bought a few years ago a 1000 shares of this company I believe in.
I am one of the minority investors who are among those holding about 94.24 million shares or 0.61 percent of SMB’s outstanding shares. I am included in the tiny speck of this company I bought a few years ago a 1000 shares of this company I believe in.
Decided to get on the San Miguel Brewery Website on how to tender my shares (buyback) with this company. The information is useful and just printed out the memorandum by the officials from San Miguel Brewery for announcement and information to be used by their individual investors like me. I started out in the Initial Public Offering of this company back in August 2008 with just PhP 8,000 for a minimum of 1000 shares.
