C08948-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common | 5,268,230,017 | |
Preferred | 618,000,000 |
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Subject of the Disclosure |
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BDO takes full ownership of SM Keppel Land, Inc. |
Background/Description of the Disclosure |
On 22 December 2023, BDO Unibank, Inc. (BDO) completed its buyout of the interests of Keppel Philippines Properties, Inc. and Opon-KE Properties, Inc. (the Keppel Group) in SM Keppel Land, Inc. (SM Keppel). This follows the announcement last March 27, 2023 of the Keppel Group’s decision to divest its stake in SM Keppel and BDO’s agreement, as the Keppel Group’s joint venture partner, to buy-out their 50% direct equity ownership. |
Other Relevant Information |
Please see attached. |
Name | Elmer Serrano |
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Designation | Corporate Information Officer |