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                    [ArticleID] => 367980
                    [Title] => SM Investments allots P2B for new supermarts
                    [Summary] => SM Investments Corp. (SMIC), the investment holding firm of retail tycoon Henry Sy,  is setting aside P2 billion next year for the establishment of two to three supermarkets, four hypermarkets and three department stores.


This was revealed by SMIC after it secured the Securities and Exchange Commission’s nod on its plan to acquire 28 SM Supermarkets and nine SM Hypermarkets in a share-swap deal valued at P13 billion.  


                    [DatePublished] => 2006-11-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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HYPERMARKETS

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                    [ArticleID] => 367980
                    [Title] => SM Investments allots P2B for new supermarts
                    [Summary] => SM Investments Corp. (SMIC), the investment holding firm of retail tycoon Henry Sy,  is setting aside P2 billion next year for the establishment of two to three supermarkets, four hypermarkets and three department stores.


This was revealed by SMIC after it secured the Securities and Exchange Commission’s nod on its plan to acquire 28 SM Supermarkets and nine SM Hypermarkets in a share-swap deal valued at P13 billion.  


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SM Investments allots P2B for new supermarts

By Zinnia B. Dela Peña | November 10, 2006 - 12:00am

SM Investments Corp. (SMIC), the investment holding firm of retail tycoon Henry Sy, is setting aside P2 billion next year for the establishment of two to three supermarkets, four hypermarkets and three department...

Business