SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

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 25, 2024

2. SEC Identification Number

16342

3. BIR Tax Identification No.

000-169-020-000

4. Exact name of issuer as specified in its charter

SM Investments Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10th Floor, OneE-com Center, Harbour Drive, Mall of Asia Complex, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

(632) 8857-0100

9. Former name or former address, if changed since last report

--

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	1,222,023,358

11. Indicate the item numbers reported herein

Item 9

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 Investments CorporationSM

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
Clarification of News Article entitled "Conglomerate allots P115B-P120B in spending"

Source	Malaya (Online Edition)
Subject of News Report	Conglomerate allots P115B-P120B in spending
Date of Publication	Apr 25, 2024

Clarification of News Report
Ladies and Gentlemen: We reply to the request for clarification of The Philippine Stock Exchange, Inc. on the news article entitled "Conglomerate allots P115B-P120B in spending" posted in Malaya (Online Edition) on April 25, 2024, the pertinent portion of which reads: “SM Investments Corp. is looking to spend P115 billion to P120 billion to expand its businesses this year, up by 43 to 50 percent from last year's P80 billion. Franklin Gomez, SM Investments senior vice president for finance, said bulk of the amount will go to the group's realty business under SM Prime Holdings Inc. The spending, however, excludes allocations for the group's lending business, BDO Unibank Inc. and China Banking Corp. 'SM Prime (has) been public about their intention to spend P100 billion this year so they will (have) the biggest component of our capex, Gomez said at the sidelines of SM Investments' shareholders meeting yesterday. . . . .” We confirm the statements of our Senior Vice President for Finance. Thank you.
Other Relevant Information
Please see attachment.