E-Malt.com News article: 2895

The Philippine food and beverage group San Miguel Corp has invested in a 5% holding in the fixed-income bourse, which is being set up by the Bankers Association of the Philippines, according to a senior BAP executive quoted by Dow Jones.

BAP president Cesar Virata said San Miguel invested 25 million pesos (US$4.5m) to get the shareholding.


07 July, 2004