<article>Wanting to regain its outstanding callable preferred shares, <a href="http://www.sanmiguelpurefoods.com/" target="_blank">San Miguel Pure Foods Co </a>Inc (SMPF) plans to sell $336 million (P15 billion) of preferred shares, news reports said.</article>

Wanting to regain its outstanding callable preferred shares, <a href="http://www.sanmiguelpurefoods.com/" target="_blank">San Miguel Pure Foods Co </a>Inc (SMPF) plans to sell $336 million (P15 billion) of preferred shares, news reports said.
A food and beverage unit of Philippine conglomerate San Miguel Corp, SMPF is seeking regulatory approval for its offer consisting of 10 million shares with an oversubscription option of up to five million shares. Set at P1,000 per share, the company intends to launch the offer in February 2015.
The joint issue managers, underwriters and bookrunners for the issue are<a href="https://www.bpiexpressonline.com" target="_blank"> BPI Capital Corp</a>, <a href="http://www.chinabank.ph" target="_blank">China Banking Corp</a>, RCBC Capital Corp, <a href="http://www.sbcapitalgroup.com" target="_blank">SB Capital and Investment Corp </a>and Standard Chartered Bank.
SMPF&#8217;s common shares were last traded at P215 as of 3:25pm today, down by P1.60 (0.74 per cent) in its previous trading on Friday at P216.60. 
in its previous trading on Friday at P216.60.

Ph based Pure Foods mulls $336m share sale

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Ph based Pure Foods mulls $336m share sale

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