SM Investments Corporation

01/17/2022 | Press release | Distributed by Public on 01/16/2022 22:36

Clarification of News Reports

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) Jan 17, 20222. SEC Identification Number 163423. BIR Tax Identification No. 000-169-020-0004. Exact name of issuer as specified in its charter SM Investments Corporation5. Province, country or other jurisdiction of incorporation Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 10th Floor, One E-com Center, Harbour Drive, Mall of Asia Complex, Pasay CityPostal Code13008. Issuer's telephone number, including area code (632) 8857-01059. 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 1,204,582,867
11. Indicate the item numbers reported herein Item 9 - Other Events

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 "SM denies ownership of property in violent Maragondon, Cavite demolition"

Source GMA News Online
Subject of News Report SM denies ownership of property in violent Maragondon, Cavite demolition
Date of Publication Jan 14, 2022
Clarification of News Report

Ladies and Gentlemen:

We reply to the Philippine Stock Exchange's request for clarification on the news article entitled "SM denies ownership of property in violent Maragondon, Cavite demolition" posted in GMA News Online on January 14, 2022, the pertinent portion of which reads:

"Sy-led conglomerate SM Investments Corp. (SMIC) on Friday denied it is the owner of the property which was a subject of a court-ordered demolition that turned into a violent dispersal of residents in a fishing village in Maragondon, Cavite.

In a statement, SMIC said 'it has never had any ownership of nor is it in any acquisition talks with the subject property in Barangay Patungan, Maragondon, Cavite.'

'The area of the demolition incident that happened last January 13, 2022 is not a property of SM,' the company said.

. . . .

Pamalakaya claimed that the fishing community in Maragondon town has been reportedly sold by the Maria-Teresa Virata Realty Corp., a realty firm that first claimed the land, to the Manila Southcoast Development Corp. (MSDC), a subsidiary of SMIC.

. . . ."

We confirm the pertinent facts that have been disclosed and do not have anything further to add to said news report.

Thank you.

Other Relevant Information

Please see attachment.

Filed on behalf by:
Name Elmer Serrano
Designation Corporate Secretary