SM Waives Mall Rental, Allocates 100M for PPEs and Test Kits for COVID-19 -

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SM Waives Mall Rental, Allocates 100M for PPEs and Test Kits for COVID-19

Being one with the community in this time of crisis, SM shares concern to its partner tenants and to the medical frontliners.
Today, SM announced to waive rental payment of all its mall tenants nationwide from March 16 to April 14, 2020. This way the tenants will be able to address the needs of their employees during the imposed community quarantine in Luzon.
“We share our tenants partners’ concerns at the unfortunate situation and will waive rental charges for those affected and unable to operate during this period,” SM Supermalls President Steven Tan said.
On top of the rental condonation, SM group allocates earlier 100M pesos for personal protective equipment and supplies for medical frontliners as they combat the spread of coronavirus.
"To ensure the safety of medical frontliners, SM is bringing in personal protective equipment (PPE) - face masks, gowns, visors, hoods, gloves, and shoe covers, as well as urgent medical supplies to help government hospitals who badly need them," said SM Prime's Hans Sy.
Meanwhile, SM has also reached out to Manila Healthtek Inc. to distribute 20,000 test kits for free to government hospitals, once approved for use.
SM continues to work closely with the government in times of crisis and prioritize the welfare of its employees and partners.

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