SM Prime Holdings Inc., the property unit of the Sy family, earmarked P80 billion for 2019 capital expenditures to support the company’s provincial expansion and land banking activities.
SM Prime said in a presentation posted on its website this year’s capital spending program would be funded by a combination of local borrowings and internal funds.
Read more: http://manilastandard.net/business/corporate/289140/sm-prime-allocates-p…