SM Investments Corporation (PSE:SM) (SMIC) seeks acquisitions. The company is on the lookout for acquisition opportunities related to its core businesses. “We are interested, be it the right product at the right price, be it retail, be it bank or be it property”, SMIC Chairman, Jose Sio said on July 20, 2018 on the sidelines of Share Phil’s fifth summit. Jose Sio noted for instance that SMIC could still beef up its mall presence in Southern Luzon. “We still don’t have a lot of malls in Southern Luzon such as in Marinduque and Mindoro”, Jose Sio said. But he stressed that SMIC would only look at opportunities with caution and with a long-term view. Any acquisition, Jose Sio said, would only be related to the company’s core businesses. “We will look with caution. We will look at the long-term view, the management style and we will stick to our core businesses,” he said, adding that “the conglomerate does not like to delve into areas where it has no capabilities".