Top Frontier is SMC’s majority stockholder

As of 2020, San Miguel Corp. reported 5,870 Filipinos and foreigners invested in 3,486,122,988 outstanding capital stock, according to SMC’s general information sheet (GIS) for 2020. Of 5,870 investors, 4,505 were Filipinos, who invested in 3,421,652,725 common and preferred shares: 32,739 in 2,327,849,548 common shares; 179 in 2C preferred shares; 162 in 2D preferred shares; 257 in 2E preferred shares; 140 in 2F preferred shares; 92 in 2G preferred shares; 158 in 2H preferred shares; and 238 in 2I preferred shares. Of the 1,365 foreigners who invested in 64,470,263 common and preferred shares, 1,341 were in 56,047,040 SMC common shares; five in 1,400,020 2C preferred shares; two in 447,930 2D preferred shares; four in 809,112 2E preferred shares; six in 1,833,782 2F preferred shares; two in 466,945 2G preferred shares; three in 1,355,964 2H preferred shares; and two in 2,109,470 2I preferred shares.

Top Frontier Investment Holdings Inc. is SMC’s top stockholder with 1,573,100,340 common shares, or 65.989 percent of 2,383,896,588 outstanding common shares. PCD Nominee Corp. is a record stockholder for Filipinos as the beneficial stockholders of 209,893,840 common shares or 8.805 percent of outstanding common shares; 986,312,800 preferred shares or 90.173 percent of 1,093,803,177 outstanding preferred shares; and 44,253,168 common shares for non-Filipinos or 4.046 percent of outstanding preferred shares.