MacroAsia Corporation (MAC) announced that its subsidiary, MacroAsia SATS Inflight Services Corporation (MSIS), has declared cash dividends of Php 100 million at its regular board meeting held today.
MacroAsia SATS Inflight Services Corp. (MSIS) is 67% owned by MacroAsia Corporation and 33% owned by SATS Ltd. (Singapore Airport Terminal Services).
The dividends are set to be distributed to stockholders on or before December 31, 2025.
MacroAsia Corporation’s share in this dividend declaration amounts to Php 67 million. MSIS serves as the in-flight catering service provider for Philippine Airlines, a related party, operating at its base in Ninoy Aquino International Airport (NAIA).
This announcement is made in compliance with the disclosure rules of the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE).
