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SMPH Merger: Largest Real Estate Company





sm-stocks

With the merger of SMPH, SM Development Corporation (SMDC), SM Land, Highland Prime (HP), Tagaytay Resort Development Corp, SM Hotels and Conventions Corp, SM Arena Complex Corp and Costa Del Hamilo Inc – SM Prime Holdings will become will the largest real estate company in the Philippines with a market capitalization of around P500 Billion Pesos.

SMPH Three-step merger plan
Step 1: SM Land makes tender offer for SMDC and Highland Prime through share swap
Step 2: SMPH issues new shares to acquire SM Land
Step 3: SMPH issues new shares to acquire SMIC’s other property assets

Do you have SMPH Shares?

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