0642 GMT (Dow Jones) Shares of property developer SM Prime Holdings Inc. (SMPH.PH) get a boost from double-digit earnings growth to a record high in 2014 and the projection that profits will even be better this year. “We expect this performance to be surpassed this year as the company pursues 2015 expansion plans,” says company President Hans Sy. SM Prime–which previously focused on shopping-mall operations–said it will complete four new shopping malls, an office building and launch five residential projects this year. SM Prime rises 3.0% to PHP19.98 in heavy volume; the benchmark PSEi is up 0.1%.