The multibillion-peso shelf offerings of San Miguel Corporation (SMC) and Vista Land & Lifescapes secured the go signal from the Securities and Exchange Commission (SEC).
The registrations were cleared during a commission en banc meeting last Tuesday, Oct. 17, according to a SEC statement.
The conglomerate giant is seen to net up to ₱49.62 billion from the initial offering, assuming the full oversubscription option is exercised.
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