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Singapore's Keppel Land, BDO top off The Podium West Tower in Mandaluyong

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ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2018/news/09/27/20180927-tower.jpg?ext=.jpg"/><figcaption>The topping off ceremony was attended by Mandaluyong Mayor Menchie Abalos, Singapore Ambassador to the Philippines Kok Li Peng and the senior management of Keppel Land and BDO. Handout photo</figcaption></figure></div><p><br/>MANILA - Banco de Oro Unibank (BDO) and Singapore&#x27;s Keppel Land Limited on Thursday said their joint venture, The Podium West Tower, was on track for completion by the second quarter of 2019.</p><p>The announcement was made during the topping off ceremony held early Thursday in Mandaluyong City. </p><p>The building is part of the second phase of the SM-KL Project, the companies said in a joint statement. Keppel Land&#x27;s subsidiary, Keppel Philippines Properties, holds a 40 percent stake in the SM-KL Project, it said.</p><p>Keppel Land president for Regional Investments Sam Moon Thong said the development will meet the demand for high quality office premises by multinational and local corporations.</p><p>“We are privileged to participate in the growing Philippine economy together with our partner BDO in developing this premier and eco-conscious commercial development,&quot; he said. </p><p>The Podium was designed to consume a minimum of 14 percent less energy and 30 percent less water compared to standard buildings, the statement said.</p><p>Keppel Land is the property arm of Keppel Corp in Singapore which has interests in China, Vietnam, Indonesia, and the Philippines, among others.</p><div> </div>

<p>Keppel Land's subsidiary, Keppel Philippines Properties, holds a 40 percent stake in the SM-KL Project</p>

Keppel Land's subsidiary, Keppel Philippines Properties, holds a 40 percent stake in the SM-KL Project