Notice to SM Investments Corporation Stockholders
SM Investments Corporation, through BDO Unibank, Inc., is considering crediting cash dividends directly to your nominated bank account, replacing physical checks. To make this successful, stockholders need to update their details by scanning the QR code and following the instructions therein.
Reminder: Always type the official URL directly into your browser or click links and scan QR codes coming ONLY from SM’s official websites. Be cautious of phishing attempts. SMIC and BDO will NEVER request personal or banking information via unsolicited messages, such as text messages, social media, or messaging apps.
After filling up the electronic update form and survey, we will reach out to you for further steps. Do note that this is just the initial step as we require physical, duly signed documents as outlined in the FAQs that we will request for subsequently.
Thank you for your time and continued support.
For more information, reach out to bdo-stocktransferteam2@bdo.com.ph.
Scan, click, or tap the QR Code to begin:
Frequently Asked Questions
1. What is Credit to Account Arrangement?
Credit to Account Arrangement (CAA) is an alternative mode of payment of cash dividends to the stockholders by crediting the cash dividend directly to the stockholder’s designated bank account. This is in lieu of payment of cash dividend through the delivery/mailing of the cash dividend check to the stockholder.
Stockholders are encouraged to enroll under the CAA to avail the benefits of direct crediting of cash dividends by completing and submitting the documents physically:
Documentary Requirements
For Individual Stockholder:
a) Duly accomplished Cash Dividend Credit to Account Arrangement Enrollment Form and Stockholder Update Form
b) Clear copy of a valid primary government-issued ID with photo and signature, accompanied by three (3) specimen signatures
c) Only for non-BDO account holder: Notarized Bank Certification with Account Number
d) Proof of billing address consistent with the address on record
For Corporate Stockholder:
a) Duly accomplished Cash Dividend Credit to Account Arrangement Enrollment Form and Stockholder Update Form
b) Secretary’s Certificate or Board of Directors’ Resolution authorizing the corporation’s enrollment under the CAA, indicating the corporation’s designated local bank account and authorized signatory/ies
c) Clear copy of a valid primary government-issued ID with photo and signature, accompanied by three (3) wet specimen signatures, of the Corporate Secretary
d) Clear copy of a valid primary government-issued ID with photo and signature, accompanied by three (3) specimen signatures, of the authorized signatory/ies
e) Latest General Information Sheet (GIS)
f) Latest Articles of Incorporation and By-Laws
Note: Original documents must be submitted in person or by mail to:
Ms. Gesan Tesiorna-Santos or Ms. Concepcion E. Foronda
Securities Services Unit (Stock Transfer)
BDO Unibank, Inc. – Trust and Investments Group
44th Floor, East Tower, BDO Corporate Center Ortigas,
12 ADB Avenue, Ortigas Center, Mandaluyong City
2. How will SM credit the cash dividend to the account of the stockholder?
For stockholders with BDO accounts, SM Investments will credit the cash dividend via Automatic Credit Arrangement to the stockholder’s designated account.
For stockholders with non-BDO accounts, SM Investments will credit the cash dividend via PESONet Fund Transfer to the stockholder’s designated account.
3. What will happen if the stockholder’s account is under a single name but the designated bank account is under a joint account, or the stockholder’s account is under a joint account but the designated bank account is under a single name?
The CAA enrollment will not be processed. The stockholder must designate a bank account with an account name exactly the same as the stockholder’s account.
4. What will happen if the stockholder’s account is under her maiden name but the designated bank account is under her married name, or vice versa?
The CAA enrollment will not be processed. The stockholder must update either the bank account name or her name in the SMIC stock transfer book to reflect her current marital status. If the stockholder opts to update her records on file, she must submit the following documents to BDO at the address stated in Item 1 above:
- Letter Request to update name
- Philippine Statistics Authority (PSA) or National Statistics Office (NSO) copy of marriage certificate, marriage certificate with notation that marriage is null and void/court order that marriage is null and void/divorced, or legal separation documents, if applicable
- Original copy of stock certificate for cancellation
- Cancellation Fee – Php20.00 / stock certificate; Issuance Fee – Php100.00 / stock certificate
- Photocopy of two (2) valid government-issued IDs
5. If there are other inconsistencies between the stockholder’s name and the designated bank account name:
The stockholder must correct/update either his/her designated bank account name or his/her stockholder’s account name. If correction/updating will be made on his/her stockholder’s account name, he/she must submit the following documents to BDO at the address stated in Item 1 above:
- Letter Request to update name
- Philippine Statistics Authority (PSA) or National Statistics Office (NSO) copy of birth and/or marriage certificate
- Original copy of stock certificate, for cancellation and replacement
- Original copy of Joint Affidavit of Two Disinterested Person attesting that the names of the stockholders appearing in certain records pertain to one (1) and the same person, accompanied by two (2) valid IDs of the affiants
- Cancellation Fee of Php20.00 / stock certificate; Issuance Fee of Php100.00 / stock certificate
- Photocopy of two (2) valid government-issued IDs
6. Date of crediting of cash dividends.
Crediting of cash dividend to the designated bank account will be made on the payment or due date established during the dividend declaration
7. What are the advantages of designating a BDO account under the CAA?
- Notarized bank certification requirement is waived