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Commission Decision No. 05-M-075/2016: Acquisition by SM Investments Corporation (SMIC) of shares in Philippines Urban Living Solutions, Inc. (PULS)

/ Commission Decision No. 05-M-075/2016: Acquisition by SM Investments Corporation (SMIC) of shares in Philippines Urban Living Solutions, Inc. (PULS)

Commission Decision No. 05-M-075/2016: Acquisition by SM Investments Corporation (SMIC) of shares in Philippines Urban Living Solutions, Inc. (PULS)

Acquisition of SM Investments Corporation of 61.2% Shares
in Philippines Urban Living Solutions, Inc. 

Abstract:

SM Investments Corporation (“SMIC”), a Philippine corporation, is the holding company of the SM Group of Companies. SMIC has equity investments in, among others, property, retail, financial services, and mining. SMIC proposes to acquire 61.2% shares in Philippines Urban Living Solutions, Inc. (“PULS”), a Philippine registered property developer engaged in the business of leasing bed-spaces and units in purpose-built dormitories around the Bonifacio Global City area.

1678153663_Commission-Decision-No.-5-M-075-2016.pdf

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