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SM Investments Corporation’s shareholders have approved the company’s acquisition of Philippine Geothermal Production Company (PGPC) through the merger of SMIC with PGPC owner Allfirst Equity Holdings. In a statement SMIC said the acquisition is in line with its strong commitment to sustainability
SM Investments Corporation, the flagship of the Sy family, remains on the lookout for high growth potential companies in the Philippines to beef up its investment portfolio. “We continue to be cognizant of companies in the Philippines that have the potential for high growth in the country,” said SM
SM Investments Corporation (SMIC) is acquiring 81 percent of Allfirst Equity Holdings Inc. (Allfirst), to gain full ownership of Philippine Geothermal Production Company, Inc. (PGPC), for P15.73 billion. In a disclosure to the Philippine Stock Exchange, SMIC said its Board of Directors has approved
SM Investments Corporation, one of the country’s biggest conglomerates, reported a 65 percent surge in net income to P38.5 billion last year from P23.4 billion in 2020. In a disclosure to the Philippine Stock Exchange, the holding company of the Sy family said its consolidated revenues grew 9 perce
SM Investments Corporation has listed its P15-billion fixed rate bonds at the Philippine Dealing and Exchange Corp. (PDEx) after the offering was 3.7 times oversubscribed to as much as P55 billion. Investors snapped up the bonds after the offering closed on February 11, 2022, a strong testament to