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                    [ArticleID] => 200587
                    [Title] => SMC ready to buy back CIIF stake
                    [Summary] => If government plans push through, San Miguel Corp. (SMC) is prepared to spend around P45 billion to buy back the 27-percent interest in the company held through the controversial coconut levy fund, company officials said yesterday.


"In response to the government proposal to sell government-owned shares, San Miguel Corp. is looking at the possibility to buy back the 27-percent stake held by the Coconut Industry Investment Fund (CIIF)," SMC officials told the Philippine Stock Exchange.


                    [DatePublished] => 2003-03-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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FINANCE SECRETARY ISIDRO CAMACHO AND TRADE AND INDUSTRY SECRETARY MANUEL ROXAS

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                    [ArticleID] => 200587
                    [Title] => SMC ready to buy back CIIF stake
                    [Summary] => If government plans push through, San Miguel Corp. (SMC) is prepared to spend around P45 billion to buy back the 27-percent interest in the company held through the controversial coconut levy fund, company officials said yesterday.


"In response to the government proposal to sell government-owned shares, San Miguel Corp. is looking at the possibility to buy back the 27-percent stake held by the Coconut Industry Investment Fund (CIIF)," SMC officials told the Philippine Stock Exchange.


                    [DatePublished] => 2003-03-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [URL] => 
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SMC ready to buy back CIIF stake

By Christina Mendez | March 28, 2003 - 12:00am

If government plans push through, San Miguel Corp. (SMC) is prepared to spend around P45 billion to buy back the 27-percent interest in the company held through the controversial coconut levy fund, company officials...

Business