SM Group allocates PHP100M towards COVID-19 outbreak support to PGH, RITM, and other government hospitals
(17 March 2020. Pasay City, Philippines) “To ensure the safety of medical frontlines, SM is bringing in personal protective equipment (PPE) – face masks, gowns, visors, hoods, gloves, and shoe covers, as well as urgent medical supplies to help government hospitals who badly need them,” said SM Prime Holdings, Inc. Director and Chairman of the Executive Committee Hans Sy.
Assistance has also been extended to Philippine General Hospital (PGH) and Research Institute for Tropical Management (RITM) for their urgent needs and for improving their laboratory testing capacity.
SM has also allocated PPEs and medical supplies to the UP Medical Foundation Inc. to reach a wider network of hospitals.
To improve the availability of tests, SM has reached out to Manila Healthtek Inc. to distribute 20,000 tests for free to government hospitals, once approved for use.
About SM Investments Corporation SM Investments Corporation is a leading Philippine company that is invested in market-leading businesses in retail, banking, and property. It also invests in ventures that capture high growth opportunities in the emerging Philippine economy. SM’s retail operations are the country’s largest and most diversified with its food, non-food, and specialty retail stores. SM’s property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels, and convention centers as well as tourism-related property developments. SM’s interests in banking are in BDO Unibank, Inc., the country’s largest bank, and China Banking Corporation, the 6th largest bank. For more about SM, visit www.sminvestments.com
For further inquiries, please contact:
VP, Planning and Corporate Communications
SM Investments Corporation
Tel. No. (632) 8857-0100 local 1039