![#](https://e-malt.com/Images/left_top_corner16x200.gif) | E-Malt.com News article: Philippines: San Miguel to list local beer unit on April 22, 2008![Brewery news](https://e-malt.com/Images/BeerBullet2.gif)
Southeast Asian food giant San Miguel said it would list its domestic beer unit on April 22 in what could be a record initial public offering for the Philippines, Reuters reported March 12.
Earlier, the Manila-based parent group said it had cut the price range for the listing of San Miguel Brewery to 8.0-15.40 pesos a share from an earlier range of 9.50-16.30 pesos share, cutting maximum proceeds to around $576 million from around $610 million.
12 March, 2008
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