San Miguel PureFoods: SMFB plans to conduct follow-on offering

SAN MIGUEL Food and Beverage, Inc. (SMFB) is planning a follow-on offering in a bid to comply with the minimum public ownership rule, after the consolidation of parent San Miguel Corp.'s (SMC) food and beverage units brought down its public float to around four percent.The post SMFB plans to conduct follow-on offering appeared first on BusinessWorld.