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)
Apr 25, 2018
2. SEC Identification Number
16342
3. BIR Tax Identification No.
000-169-020-000
4. Exact name of issuer as specified in its charter
SM Investments Corporation
5. Province, country or other jurisdiction of incorporation
Philippines
6. 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 Code1300
8. Issuer's telephone number, including area code
(632)857-0105
9. 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 Stock
1,204,582,867
11. Indicate the item numbers reported herein
Item 9.
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 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and Sections 6 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Declaration of Cash Dividends
Background/Description of the Disclosure
Ladies and Gentlemen:
Please be informed that the Board of Directors of SM Investments Corporation (SMIC), at its regular Board meeting held today, April 25, 2018, at the Harrison Room, Conrad Manila, Seaside Boulevard corner Coral Way, Mall of Asia Complex, Pasay City, approved the declaration of cash dividend equivalent to thirty percent (30%) of the 2017 consolidated net income of SMIC or Eighty-Nine (89%) of the 2017 net income of SMIC (Parent Company) or a total amount of Php: Nine Billion Eight Hundred Seventy-Seven Million, Five Hundred Eighty Thousand Pesos (P9,877,580,000.00) or Eight Pesos and Twenty Centavos (P8.20) per share in favor of all stockholders of record as of May 10, 2018, payable on May 24, 2018.
Thank you.
Type of Securities
Common
Preferred--
Others--
Cash Dividend
Date of Approval by Board of Directors
Apr 25, 2018
Other Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Relevant Regulatory Agency, if applicable
N/A
Type (Regular or Special)
Regular
Amount of Cash Dividend Per Share
PhP8.20
Record Date
May 10, 2018
Payment Date
May 24, 2018
Source of Dividend Payment
Unappropriated Retained Earnings as of December 31, 2017