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SBS buys Coca-Cola warehouse property in Laguna for P520 M

2018-01-03 philstar
MANILA, Philippines — Listed chemical firm SBS Philippines Corp. continues with its property buying spree as it is set to acquire Coca-Cola warehouse facilities and property in Laguna for P520 million.  (5-1)

SBS Philippines buys Coca-Cola’s warehouse

2018-01-03 bworldonline
SBS PHILIPPINES Corp. is taking over a warehouse facility owned by a subsidiary of multinational beverage giant The Coca-Cola Corp. to improve its distribution capability and generate gains from operational enhancements and diversification of income streams. (0-1)

SBS buys Coca-Cola’s Calamba industrial lot

SBS Philippines Corp., a chemical trading firm which is diversifying into the property business, has signed a deal to acquire a five-hectare property with warehousing facilities used by beverage giant Coca-Cola in Calamba, Laguna for P520 million.

SBS completes stock rights offer

2017-12-13 philstar
The company offered 302 million shares to existing stockholders as of Nov. 22, 2017 at the proportion one common share for every 4.1325 common shares at a  price of P4.67 per rights share. (5-0)

SBS creates new unit for warehouse investment

2017-11-21 bworldonline
SBS PHILIPPINES Corp. has formed a new unit that will handle its planned investment in a warehouse facility, as part of the company’s efforts to ramp up its property portfolio. (5-0)

SBS Philippines receives PSE approval for stock rights offer

2017-11-02 bworldonline
SBS Philippines Corp. has secured approval from the Philippine Stock Exchange to proceed with its stock rights offering. (5-1)

SBS Holdings expands land bank

2017-10-26 philstar
MANILA, Philippines — SBS Holdings and Enterprises Corp. (SHEC), a wholly owned subsidiary of listed chemicals company SBS Philippines Corp., continues to strengthen its property business through the acquisition of more land.

SHEC buys HK-based firm

2017-10-19 bworldonline
SBS PHILIPPINES Corp. is taking its expansion overseas with the acquisition of a company with property interests in Hong Kong for P77 million.

SBS Philippines widens land bank

2017-10-03 philstar
MANILA, Philippines — SBS Philippines Corp. has signed an agreement to acquire a prime property in Mandaluyong City. (5-1)

SBS acquires P480-M stake in property dev’t company

2017-05-30 philstar
MANILA, Philippines - Listed chemical trading firm SBS Philippines Corp. has taken the initial step in its diversification into the property sector after acquiring a stake in a real estate firm for close to P500 million.

SBS plans stock rights offer

SBS Philippines Corp., a chemical trading firm that now seeks to diversify into property-related businesses, has ditched a plan to raise fresh capital from a follow-on public offering in favor of selling new shares to existing investors.

SBS seeks P2.5-B, 5-year term loan facility

2017-04-12 philstar
MANILA, Philippines - Chemical trader and distributor SBS Philippines Corp. will enter into a five-year term loan facility worth up to P2.5 billion in line with funding its diversification strategies.

SBS ventures into property

2017-03-26 philstar
MANILA, Philippines - SBS Philippines Corp., a listed chemical trading company, will diversify its business to include acquiring or participating in investments in property related assets.

54 firms now compliant with Shariah rules – PSE

2017-01-10 philstar
MANILA, Philippines – The Philippine Stock Exchange (PSE) announced yesterday that 54 companies made it to its list of Shariah-compliant securities.

SBS invests in property holding firms

2016-11-29 philstar
MANILA, Philippines – Chemical firm SBS Philippines Corp., is investing minority ownership stakes in affiliate investment holding companies for its real estate assets in line with its strategy up to have more diversified interests in different property holdings.