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"BDO Unibank Inc, as Keppel's joint venture partner, has agreed to buy out Keppel's 50 percent direct equity ownership in SMKL," the Sy-led group said. "By this acquisition, BDO will consolidate its ownership of the Podium Complex, presently 50 percent owned by SMKL," it added.
MANILA , Philippines -The Sy family's flagship banking arm BDO Unibank Inc. is taking full control of The Podium retail and office complex in Mandaluyong City in Metro Manila after buying out partner Keppel Group of Singapore.