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October 04, 2015 8:51 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of SMC Global Power Holdings Corp.

Company Overview

SMC Global Power Holdings Corp. generates and trades in electricity in the Philippines. The company generates electricity from coal, natural gas, and hydel sources. It is also involved in the supply of retail power; provision of power-related services; and coal mining activities. The company is based in Mandaluyong City, the Philippines. SMC Global Power Holdings Corp. operates as a subsidiary of San Miguel Corporation.

155 EDSA

Brgy. Wack-Wack

Mandaluyong City,  


Key Executives for SMC Global Power Holdings Corp.

Chairman and Chief Executive Officer
Age: 61
President, Chief Operating Officer and Director
Age: 61
Chief Finance Officer
Age: 51
Chairman of San Miguel Corporation and Chief Executive Officer of San Miguel Corporation
Age: 80
Compliance Officer, Corporate Secretary and Director
Age: 59
Compensation as of Fiscal Year 2015.

SMC Global Power Holdings Corp. Key Developments

SMC Global Power Holdings Seeks Financing

SMC Global Power Holdings Corp. announced that capital raising activity is seen as a alternative to the planned initial public offering. Due to market uncertainty, the company has decided to tap the debt market.

SMC Global Power Holdings Corp. Announces Earnings and Operating Results for the First Six Months of 2015

SMC Global Power Holdings Corp. announced earnings and operating results for the first six months of 2015. For the six months, the company reported net sales of PHP 40,455 million against PHP 43,760 million a year ago. Income from operations was PHP 13,650 million against PHP 14,932 million a year ago. For the six months, the company reported offtake volume of 8,200 GWh against 8,800 GWh a year ago.

SMC Global Power Holdings Corp., Board Meeting, Jul 02, 2015

SMC Global Power Holdings Corp., Board Meeting, Jul 02, 2015. Agenda: To declare cash dividends to stockholders of record of the company as of date of meeting amounting to PHP 1,500,000,000.00, payable on July 9, 2015.

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