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SM group gets clearance for SM City Baguio expansion

20 Jan

BY RCBC SECURITIES

The SM Investments Corp. (SM) group received legal clearance from the Court of Appeals to continue the expansion of SM City Baguio after environmental cases involving tree-cutting and earth-balling activities were dismissed due to lack of merit.

The ruling likewise lifted the Temporary Environmental Protection Order.

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The focus of the expansion is the group’s Sky Park project which would feature green facilities, including walls consisting of live plants to improve air quality, to help absorb the impact of climate change.

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Posted by on January 20, 2015 in Corporate News, SM, Stock Market

 

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