March 13, 2018 / 6:50 AM / 2 months ago

BRIEF-BDO Unibank Clarifies News Article Entitled “SM Group Plans To Spend P66.3B To Expand Units”

March 13 (Reuters) - Bdo Unibank Inc:

* REFERS TO NEWS ARTICLE ENTITLED “SM GROUP PLANS TO SPEND P66.3B TO EXPAND UNITS” PUBLISHED ON MARCH 12

* CONFIRMS ARTICLE EXCEPT CAPITAL EXPENDITURE OF BANKING UNITS SHOULD READ PHP 11.0 BILLION INSTEAD OF PHP 50 BILLION AS QUOTED IN ARTICLE Source text for Eikon: Further company coverage:

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