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San Miguel directors refuse to step down

Ousted Philippine President Joseph Estrada“s five nominees to the board of food and beverage group San Miguel Corp. have refused to step down despite moves by the administration of President Gloria M…

Ousted Philippine President Joseph Estrada“s five nominees to the board of food and beverage group San Miguel Corp. have refused to step down despite moves by the administration of President Gloria Macapagal Arroyo to oust them, BusinessWorld reports. The five nominees said they owe it to the company“s stockholders to serve their full term.

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