CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Apr 11, 2024
2. SEC Identification Number
AS094-000088
3. BIR Tax Identification No.
003-058-789
4. Exact name of issuer as specified in its charter
SM Prime Holdings, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7/F MOA Square, Seashell Lane cor. Coral Way, Mall of Asia Complex, Brgy. 76 Zone 10, CBP 1-A, Pasay City, Metro Manila, PhilippinesPostal Code1300
8. Issuer's telephone number, including area code
(632) 8831-1000
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON STOCK, P1 PAR VALUE
28,879,231,694
DEBT SECURITIES - RETAIL BOND
135,432,740,000
11. Indicate the item numbers reported herein
ITEM # 9, LETTER B
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.
SM Prime Holdings, Inc.SMPH
PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
News Clarification: SM Targets 100-mall milestone in 2027
Source
philSTAR.com
Subject of News Report
SM Targets 100-mall milestone in 2027
Date of Publication
Apr 10, 2024
Clarification of News Report
April 11, 2024
The Philippine Stock Exchange, Inc. 6F PSE Tower 28th Street corner 5th Avenue BGC, Taguig City
Attention of Ms. Alexandra D. Tom Wong Officer-in-Charge, Disclosure Department
Gentlemen:
This refers to the news article posted in philSTAR.com (Online Edition). The article reported in part that:
“MANILA, Philippines — The SM Group is fortifying its dominance in the country’s retail industry with plans to open 15 new shopping malls over a four-year period, on its way to hitting the century mark by end 2027.
Sy-led integrated property developer SM Prime Holdings Inc. is targeting to have a portfolio of 100 malls in the country by the end of 2027.
’SM Prime, our property arm, announced a goal to achieve a milestone of 100 malls in the Philippines by the end of 2027 from 85 today,’ SM Investments Corp. president and CEO Frederic DyBuncio said.
. . . .
Moving forward, SM Prime said its mall expansion is geared toward the provinces, with a focus of covering most of Northern Luzon, Visayas and the progressive cities in Mindanao
. . . .“
In your letter dated April 11, 2024, you seek clarification and confirmation from us on the 100-mall target milestone in 2027.
We confirm the specific item in the above-quoted news article.