Sy-led BDO Unibank Inc. is set to buy out the stake of Singapore’s Keppel Group in SM Keppel Land Inc. (SMKL), effectively taking full control of the Podium Complex in Mandaluyong.
Sy-led BDO Unibank Inc. is set to buy out the stake of Singapore’s Keppel Group in SM Keppel Land Inc. , effectively taking full control of the Podium Complex in Mandaluyong.
Through the acquisition, BDO will consolidate its ownership of the Podium Complex, which consists of the lender’s Corporate Center Ortigas, the West Tower, and the Podium Mall. “Following completion, SMKL will cease to be an associated company of ,” it said in a separate disclosure. Its subsidiaries include BDO Capital & Investment Corp., BDO Private Bank Inc., BDO Leasing and Finance Inc., BDO Finance Corp., and BDO Securities Corp.
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