SMIC expresses support for UN Global WEPs
SM Investments Corp., the listed holding company of the Sy Group, announced yesterday its support for the United Nations Global Compact Women Empowerment Principles.
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SM Investments Corp., the listed holding company of the Sy Group, announced yesterday its support for the United Nations Global Compact Women Empowerment Principles.
The Sy Group is looking to acquire minority stakes in foreign companies, according to regulatory filings of listed conglomerate SM Investments Corp..
SM Investments Corp., the listed conglomerate of the Sy Group, grew its first quarter net income by 27 percent to P12 billion.
SM Prime Holdings, the listed property developer of the Sy Group, is setting aside P80 billion for its capital expenditures this year, to be financed by internally generated funds and external borrowings.
SM Investments Corp. (SMIC), the holding firm of the Sy family, will acquire all the remaining shares that it does not own in Philippine Geothermal Production Co. Inc. (PGPC), which operates the Tiwi and Mak-Ban steam fields. The company said its board of directors has approved the acquisition of the…