Edition:
United States

SM Investments Corp (SM.PS)

SM.PS on Philippine Stock Exchange

650.00PHP
2 Dec 2016
Change (% chg)

-- (--)
Prev Close
Php650.00
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
416,364
52-wk High
Php722.00
52-wk Low
Php485.33

Latest Key Developments (Source: Significant Developments)

SM Investments Corp clarifies news articles
Friday, 5 Aug 2016 12:14am EDT 

SM Investments Corp : Refers to clarification on news article "SM plans to list retail business" posted in the philippine star on August 5, 2016 . Says smic is targeting 'double-digit' growth in earnings toward year end . Says "no plans to conduct initial public offering of SM retail, inc listing of smri is merely option open to smic" . Clarifes smph may issue around p10-p15 billion only of its bonds in Q1 2017,not entire unissued balance of p60 billion approved by SEC .  Full Article

SM Investments HY consolidated net income 15 bln pesos
Wednesday, 3 Aug 2016 08:50pm EDT 

SM Investments Corp : Consolidated net income of 15.0 billion pesos for the January to June period, a growth of 11% . Consolidated revenues rose 8.5% to 151.1 billion pesos in the first half .  Full Article

SM Investments obtains SEC approval for retail merger
Monday, 11 Jul 2016 08:17pm EDT 

SM Investments Corp : Obtained the approval of Securities and Exchange Commission for merger of Sy family-owned specialty stores into SM retail inc. . Under deal, over 1,300 retail outlets will be folded into SM retail in exchange for shares of stock in SM retail's expanded net assets . Merger is seen to be both value and earnings accretive given the stores' competitive position" .  Full Article

SM Investments Corp declares cash dividends
Wednesday, 29 Apr 2015 03:42am EDT 

SM Investments Corp:Declares cash dividends equivalent to 30 percent of corporation’s 2014 consolidated net income or 10.61 Philippine peso per share.Record date May14.Payable date June 9.  Full Article

BRIEF-Philippines' SM Investments sets coupon for 15 bln peso retail bond issue

* Bond issuance on Dec. 9 Source text for Eikon: http://bit.ly/2fdxs6z Further company coverage: (Reporting By Manila Bureau)