{"id":330672,"date":"2024-11-29T07:56:28","date_gmt":"2024-11-28T23:56:28","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=330672"},"modified":"2024-11-29T07:56:30","modified_gmt":"2024-11-28T23:56:30","slug":"trade-the-news-smcs-new-slex-lanes-operational-by-dec-2024","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-smcs-new-slex-lanes-operational-by-dec-2024\/","title":{"rendered":"Trade the News: SMC’s new SLEX lanes operational by Dec 2024"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>Aboitiz Equity Ventures<\/td><\/tr>
Stock Code<\/strong><\/td>SMC<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Hold<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 102.60<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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San Miguel Corp. (SMC) is ready to open next month the new 6×6 lanes configuration of the South Luzon Expressway (SLEX), from Susana Heights in Muntinlupa to Calamba in Laguna.<\/p>\n\n\n\n

SMC chairman and chief executive officer Ramon Ang said the at-grade expansion is proceeding on schedule, with the 29-kilometer stretch slated to open in the third week of December.<\/p>\n\n\n\n

\u201cThis December, as our countrymen prepare to celebrate Christmas and travel more to spend time with friends and family, they can look forward to a wider, better SLEX. This will help in significantly reducing traffic buildup during the holiday rush,\u201d Ang said.<\/p>\n\n\n\n

The project is being undertaken by the SMC unit and SLEX\u2019s concession holder SMC SLEX Inc.<\/p>\n\n\n\n

Meanwhile, Ang said the construction of a road section, from Calamba to Sto. Tomas in Batangas, as well as expansion of 20 bridges connecting the SLEX main carriageway would be completed in July next year.<\/p>\n\n\n\n

He said ensuring that SLEX is fully operational throughout the construction period has been a consistent priority of the company.<\/p>\n\n\n\n

\u201cOur contractors and project teams continue to do everything they can to minimize impact on vehicle traffic,\u201d Ang said. \u201cWe want to assure our motorists that we will continue to work as efficiently as possible, and minimize disruptions to travel as we complete the expansion.\u201d<\/p>\n\n\n\n

(News Source: Philippine Star<\/a>)<\/em><\/p>\n\n\n\n

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This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-330672","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=330672"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330672\/revisions"}],"predecessor-version":[{"id":330674,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330672\/revisions\/330674"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=330672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=330672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=330672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}