|
January 11, 2005
|
|
Outline
of SMC share purchase
|
| 1. |
Number
of shares acquired |
117,270,000
shares |
| 2. |
Total
acquisition price |
Approximately
8.8 billion pesos (approximately ¥16.3 billion)
|
*
|
1
peso = ¥1.85 (rate as of January 6, 2005) |
|
| 3. |
Total
number of SMC shares now held by Kirin |
559,830,000
shares |
| 4. |
Total
stake in company |
Approximately
19.67% |
|
|
Outline
of San Miguel Corporation
|
| 1. |
Company
name |
San
Miguel Corporation |
| 2. |
Headquarters |
Manila,
the Philippines |
| 3. |
Representative |
Eduardo
M. Cojuangco, Jr. |
| 4. |
Net
sales in 2003 |
Approximately
148.6 billion pesos (approximately ¥316.5 billion at average
exchange rate in 2003 of 1 peso = ¥2.13) |
| 5. |
Number
of employees |
Approximately
26,000 |
| 6. |
Main
business |
Beverage
business: Production and sale of beer, spirits and soft drinks
Food business: Sale of processed meats; production and sale of dairy
foods and animal feed
Packaging business: Can, plastic and glass operations |
| 7. |
San
Miguel Corporation beer production facilities in Asia and Oceania |
|
