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PHILIPPINES PRESS-SM Prime plans $1.9 bln investment next year - Standard Today
May 19, 2014 / 12:35 AM / 3 years ago

PHILIPPINES PRESS-SM Prime plans $1.9 bln investment next year - Standard Today

SM Prime Holdings Inc, one of Southeast Asia’s biggest property groups, plans an aggressive expansion next year with a possible 18 percent increase in capital spending to 83 billion pesos ($1.9 billion), Manila Standard Today newspaper reported.

(link.reuters.com/num49v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Anand Basu)

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