Established in 1890 as a brewery, San Miguel Corporation (SMC) is Southeast Asia's largest publicly listed food, beverage and packaging company with over 15,000 employees in over 90 major facilities throughout the Asia-Pacific.
One of the Philippines' leading business conglomerates, San Miguel carries the brand names of some of the most formidable players in the Philippine food and beverage industry, including San Miguel Pale Pilsen, Ginebra San Miguel, Monterey, Magnolia, and Purefoods. San Miguel Beer--the company's flagship product--is one of the largest selling beers and among the top 10 beer brands in the world.
Today, San Miguel is built around closely related businesses: beverages--both non-alcoholic and alcoholic--food, and packaging. Each of which are dominant in their respective segments, holding No. 1 or No. 2 positions in their markets.
In addition to its market leadership in the Philippines, SMC has established significant presence overseas. The Company's manufacturing operations extend beyond its home market to Hong Kong, China, Indonesia, Vietnam, Thailand and Malaysia; and its products are exported to 60 markets around the world.
San Miguel has been pursuing ventures outside its established foods and drinks businesses to fuel future growth. In a bid to diversify its portfolio into high-margin industries, the company recently invested in Manila Electric Co (Meralco), the largest power distributor in the Philippines. It has an option to become the owner of 50.1 percent of the country’s largest oil refiner, Petron, by buying a stake in another business from the UK’s Ashmore Group. And it has acquired 32.7 percent of Liberty Telecommunications Holdings. On top of that, it has submitted a proposal for the government’s Laiban Dam project and is in a non-binding agreement to buy a stake in Private Infrastructure Development Corp, which controls a major toll expressway project. The company has also won the state auctions of one coal-fired, one diesel-fired and one hydroelectric power plant, its first power generation assets.
Address: 40 San Miguel Avenue, Mandaluyong City, 1550 Metro Manila, Philippines Tel: (+632) 632-2000
The stroke was mild, according to Mr. Miguel Coralde, and so with the second one. Few days after his rest, he was up and about.
But the third stroke in 2005 proved to be fatal for the 58 years old businessman
More info about Health Story of Mr. Miguel Coralde
The wish for healing has always been half of health. ~Lucius Annaeus Seneca
Did you ever see the customers in health - food stores? They are pale, skinny people who look half - dead. In a steak house, you see robust, ruddy people. Theyre dying, of course, but they look terrific. ~Bill Cosby