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SM Investments Corp (SM.PS)

SM.PS on Philippine Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SM Investments Confirms Approval By PCC Of Goldilocks Bakeshop Inc Acquisition By Unit
Wednesday, 10 Jan 2018 09:05pm EST 

Jan 11 (Reuters) - Sm Investments Corp ::CONFIRMS APPROVAL BY THE PCC OF ACQUISITION OF GOLDILOCKS BAKESHOP INC BY UNIT.  Full Article

SM Investments posts 9-Mnth consolidated net income of 23.8 bln pesos
Tuesday, 7 Nov 2017 11:14pm EST 

Nov 8 (Reuters) - SM Investments Corp :9-Mnth consolidated net income rose 8 percent to 23.8 billion‍​ pesos.9-month consolidated revenues grew 8 percent to 272.2 billion pesos ‍​.  Full Article

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

BRIEF-SM Investments Confirms Approval By PCC Of Goldilocks Bakeshop Inc Acquisition By Unit

* CONFIRMS APPROVAL BY THE PCC OF ACQUISITION OF GOLDILOCKS BAKESHOP INC BY UNIT Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)