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SM Investments, the operators of Sm MegaMall, SM Mall of Asia and all other SM branches nationwide, has made the disclosure to the MSE about its participation in the 1 billion-dollar casino project.

The 40-hectare Bagong Nayong Pilipino-Manila Bay Integrated tourism project consists of a casino, hotels, shopping malls and other entertainment facilities.

SM shares incresed to P285.00 after the announcement. SM Investments has interests in shopping mall, banking and property development businesses.

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