MANILA, Feb 3 (Reuters) – Net income at Philippine mall operator SM Prime Holdings Corp (SMPH.PS), a unit of conglomerate SM Investments Corp (SM.PS), may have grown 8-10 percent last year, a senior company official said on Wednesday.

The estimate is slightly higher than the company’s reported net income growth of 7 percent in 2008.

SM Prime also plans to raise $300 million this year from a public offer of its real estate investment trust in the Philippines, Jeffrey Lim, company chief finance officer, told reporters.

(Reporting by Rosemarie Francisco; Editing by Kim Coghill)