SMC to venture into power, other utilities
MANILA, Philippines -- SAN MIGUEL Corp. Is making a bold bid to find new engines of growth after dominating the food and beverage market.
In a preliminary information statement filed with the Securities and Exchange Commission, SMC said its board of directors has approved a plan authorizing the company to invest in new businesses such as power generation or transmission, water and other utilities, mining and infrastructure. (Elizabeth Sanchez-Lacson/Phil Daily Inquirer)
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