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)
Sep 28, 2016
2. SEC Identification Number
AS094-000088
3. BIR Tax Identification No.
003-058-789
4. Exact name of issuer as specified in its charter
SM PRIME HOLDINGS, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10th Floor Mall of Asia Arena Annex Building, Coral Way cor. J.W. Diokno Blvd., Mall of Asia Complex, Brgy. 76, Zone 10, CBP-1A, Pasay City, PhilippinesPostal Code1300
8. Issuer's telephone number, including area code
(632) 831-1000
9. Former name or former address, if changed since last report
N/A
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 STOCK, P1 PAR VALUE
28,879,231,694
11. Indicate the item numbers reported herein
ITEM # 9, LETTER B
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 Prime Holdings, Inc.SMPH
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
News clarification: SM Prime sets P60B-P70B capex for 2017
Source
Manila Times
Subject of News Report
SM Prime sets P60B-P70B capex for 2017
Date of Publication
Sep 28, 2016
Clarification of News Report
September 28, 2016
The Philippine Stock Exchange, Inc. 3F Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Makati City
Attention of Mr. Jose Valeriano B. Zuño III Head - Disclosure Department
Gentlemen:
This refers to the news article entitled “SM Prime sets P60B-P70B capex for 2017” published in today’s issue of the Manila Times. The article reported in part that:
“SM Prime Holdings Inc., the listed property developer of the Sy family, is setting aside P60 billion to P70 billion for next year’s capital spending to fund its mall, offices and hotels development.
Jeffrey Lim, executive vice president and incoming president of SM Prime, told reporters that the company is allotting a ‘range of P60- to P70- billion’ capital expenditures (capex), which is about the same size of the capex spending this year.
….”
We confirm the veracity of the above-quoted news article.