UBS and SM to build school building in Ormoc

Manila, Philippines – UBS Investments Philippines, Inc. signs a Memorandum of Agreement with SM Prime Holdings, Inc. and SM Foundation to construct and donate a two-storey, four classroom school building in Ormoc City, in support of the Department of Education’s ‘Adopt a School’ Program. The school building comes fully furnished with 200 arm chairs, 8 blackboards, 4 teacher’s desk sets, 16 wall fans and 4 washrooms. Through this partnership, UBS and SM help provide better access to quality public education for the students of Ormoc, Leyte, one of the most devastated cities when super typhoon Yolanda hit in 2013. This school extends SM’s Yolanda rehabilitation efforts which include 12 school buildings, 100 college scholars, 2 health centers, 10 farmers’ trainings with 1,682 participants, 1000 houses and the rebuilt and upgraded Tacloban City Hospital.

(In Photo: Linda Atayde, SM Foundation Executive Director for Education Programs, Deborah Pe Sy, SM Foundation Executive Director, Lauro C. Baja III, UBS Investments Philippines, Inc. President and Chairman, and Nina Feren A. Aguilar, Associate Director, Compliance officer of UBS Investments Philippines, Inc.)

SM Foundation, Inc.