SM Investments Corp. (SMIC) is poised to invest in Waltermart Group of Companies after two units of the Sy-led conglomerate forged a joint venture with the Luzon-focused supermarket and shopping mall operator, SMIC said in a disclosure yesterday.

MANILA, Philippines – SM Investments Corp. (SMIC), the holding firm of mall tycoon Henry Sy, signed a joint venture deal with the Waltermart group to boost its retail business.

MANILA, Philippines – The mall and shopping units of conglomerate SM Investments Corp. (SMIC) have entered into a joint venture with a Luzon-based shopping mall and supermarket chain, further intensifying competition in the country’s retail sector.

SM Investments Corp. (SMIC) said on Monday that it will be forming a joint venture with the Lim family-owned Waltermart Group of Companies.

MANILA – SM has partnered with the Waltermart Group of Companies.

SM Investments Corp. and the Waltermart Group of Companies formed a joint venture to boost the two companies’ retail businesses amid the heavy competition posed by Lucio Co-owned Puregold Price Club Inc.

IN the spirit of giving during the Christmas and New Year, retail giant SM never failed to share its blessings.

DURING the AFP 77th anniversary, the out-patient department of the Camp Aguinaldo Station Hospital was inaugurated and officially turned over to Col. Eduardo M. FLores (GSC) by SM Foundation officials led by Connie Angeles, executive director for health and medical services.

MANILA, Philippines – Touched by a letter from a school principal, the SM City Rosales staff treated the Valdez family – who had never been to a mall – to a day of fun and gift giving.

Mall gives Christmas treats to street children