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                    [Title] => SM to invest P2 billion for more malls in Cebu
                    [Summary] => 



Retail giant SM Prime Holdings, Inc. (SMPHI) is ready to invest P2 billion for the establishment of two more shopping malls in Cebu, owing to Cebu's dynamic potential for retail business.


In an interview with SMPHI president Hans Sy, he said that the company is currently negotiating with land owners, to acquire at least five to 10-hectare property in both southern and northern parts of Cebu.


According to Sy, SM is interested to put up SM Supercenter and Hypermart in Cebu. The company is expecting to spend at least P1 billion for each facility.


                    [DatePublished] => 2007-01-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
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SUPERCENTER AND HYPERMART

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                    [ArticleID] => 381412
                    [Title] => SM to invest P2 billion for more malls in Cebu
                    [Summary] => 



Retail giant SM Prime Holdings, Inc. (SMPHI) is ready to invest P2 billion for the establishment of two more shopping malls in Cebu, owing to Cebu's dynamic potential for retail business.


In an interview with SMPHI president Hans Sy, he said that the company is currently negotiating with land owners, to acquire at least five to 10-hectare property in both southern and northern parts of Cebu.


According to Sy, SM is interested to put up SM Supercenter and Hypermart in Cebu. The company is expecting to spend at least P1 billion for each facility.


                    [DatePublished] => 2007-01-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
                    [URL] => 
                )

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SM to invest P2 billion for more malls in Cebu

By Ehda Dagooc | January 23, 2007 - 12:00am

Retail giant SM Prime Holdings, Inc. (SMPHI) is ready to invest P2 billion for the establishment of two more shopping malls in Cebu, owing to Cebu's dynamic potential for retail business. In an interview...

Freeman Cebu Business