SMPH to list additional common shares on Friday


Posted at May 15 2014 01:47 PM | Updated as of May 15 2014 09:47 PM

MANILA, Philippines - SM Prime Holdings is set to list additional 15.7 billion common shares on Friday.

In a disclosure to the stock exchange, SMPH said the listing of additional 15,773,765,315 common shares is set on May 16.

The Philippine Stock Exchange (PSE) board approved the application of SM Prime to list the additional common shares with a par value of P1 per share. This covers the merger between SMPH and SM Land, Inc., share for share swaps, and property for share swaps.