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SMIC returns to offshore debt market

Conglomerate SM Investments Corp. is returning to the overseas debt market after two years with an offering of 10-year US dollar-denominated bonds.

Posted: June 4th, 2014 in Headlines | Read More »

SM nets P6.24B in Q1

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Screengrab from www.sminvestments.com

SM Investments Corp. posted a 16-percent year-on-year decline in first quarter net profit to P6.24 billion in the absence of large extraordinary trading gains that jacked up earnings of banking unit Banco de Oro Unibank in the same period last year.

Posted: May 14th, 2014 in Latest Business Stories | Read More »

SEC approves SM’s P15B retail bond offer

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Photo from SM City North Edsa website

The Securities and Exchange Commission has approved a plan by the country’s largest conglomerate SM Investments Corp. to raise as much as P15 billion from a fresh retail bond offering.

Posted: April 23rd, 2014 in Latest Business Stories | Read More »

Banking issues lift market

The local stock barometer returned to positive territory on Tuesday on the back of upbeat US economic data.

Posted: April 16th, 2014 in Headlines | Read More »

SM Investments cites property merger benefits

SM Investments Corp. (SM) highlighted the opportunities in real estate in the Philippines following its recent merger of property assets under property conglomerate SM Prime Holdings Inc.

Posted: April 15th, 2014 in Headlines | Read More »

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