The primary shareholder of San Miguel Corporation (SMC) is TOP FRONTIER INVESTMENT HOLDINGS, INC., holding a significant majority stake.
Key Shareholders of San Miguel Corporation
San Miguel Corporation's ownership structure reveals a dominant controlling interest by an investment holding company, alongside a substantial personal stake from its key executive.
TOP FRONTIER INVESTMENT HOLDINGS, INC. holds the largest share of SMC, accounting for 61.78% of the company's equities. This translates to 1,472,668,340 shares, with a valuation of 2,210 million Philippine Pesos (₱). Their substantial ownership underscores their controlling influence over the conglomerate's operations and strategic direction.
Following this, Ramon Ang, the President and CEO of San Miguel Corporation, is also a significant individual shareholder, possessing 15.73% of the equities. His stake comprises 374,969,225 shares, valued at 563 million ₱. This substantial personal holding aligns his interests closely with the company's performance and long-term growth.
Other notable shareholders include:
- Government of the Philippines: Holds 1.159% of the equities, totaling 27,636,339 shares, valued at 41 million ₱. This represents a minor but governmental interest in the major Filipino conglomerate.
- San Miguel Corp. Retirement Plan: Owns 0.1004% of the equities, consisting of 2,393,992 shares, with a valuation of 4 million ₱. This signifies a portion of the company's ownership dedicated to its employee retirement benefits.
The table below provides a summary of these top shareholders:
| Shareholder | Equities Percentage | Number of Equities | Valuation (₱) |
|---|---|---|---|
| TOP FRONTIER INVESTMENT HOLDINGS, INC. | 61.78% | 1,472,668,340 | 2,210 M |
| Ramon Ang | 15.73% | 374,969,225 | 563 M |
| Government of the Philippines | 1.159% | 27,636,339 | 41 M |
| San Miguel Corp. Retirement Plan | 0.1004% | 2,393,992 | 4 M |
