What Tomorrow
Looks Like

Annual Report 2018

Milestone

January

San Miguel Corporation launches new vision, mission and values statement.

SMC Infrastructure breaks ground for the Southeast Metro Manila Expressway (C6) Project.

February

The Malita power plant begins commercial operations.

The Mandaue Brewery turns 50.

March

SMC reports water savings of about 14% in line with the company’s water sustainability initiative “Project 50x2025”.

SMC lists P30 billion fixed-rate peso bonds Series E, F and G on PDEx.

The Food Group inaugurates a new B-Meg feed mill plant in Bataan.

SMC Global Power completes Masinloc power plant acquisition.

Limay power plant Unit 3 becomes operational.

The Securities and Exchange Commission approves the change in corporate name and amendment in the Articles of Incorporation of San Miguel Pure Foods Company, Inc. to San Miguel Food and Beverage, Inc.

April

SMC’s unsolicited proposal to build the New Manila International Airport (NMIA) gets National Economic and Development Authority (NEDA) approval.

June

San Miguel Yamamura Packaging Group acquires, through San Miguel Yamamura Australasia Pty Ltd, JMP Holdings Pty. Ltd., a packaging products supplier in Australia.

SMC, through Purefoods-Hormel Company, becomes the exclusive importer and distributor of SPAM in the Philippines.

SMYPG subsidiaries Wine Brothers and Wine Brothers Australasia Pty Ltd become organized and incorporated to distribute wines in the Philippines.

August

SMC Global Power lists its P15 billion Series G fixed-rate bonds on PDEx.

The rehabilitation of Angat Dam is completed.

September

San Miguel Yamamura Packaging Corporation celebrates its 80th anniversary with project 8,000— a program that generated 8,000 September employee-volunteer hours

Petron Corporation celebrates 85th anniversary and its 10th year with the San Miguel Group.

October

Petron lists its P20 billion fixed-rate peso retail bonds Series C and Series D at the PDEx.

November

San Miguel Food and Beverage, Inc. completes its follow-on shares offering.

SMC signs NMIA cooperative partnership agreement with Incheon International Airport.

SMYPC commences operations of San Miguel Yamamura Asia Corporation’s third furnace.

December

NEDA board approves concession agreement for NMIA.

SMYPG signs a definitive agreement to acquire SMYPC, Insa Alliance Sdn Bhd, a manufacturer of high-quality bulk bags in Malaysia.