SM Prime Holdings and the City of Olongapo sign an agreement for the long-term lease and redevelopment of the Olongapo City Mall which is located right beside the Subic Bay Freeport Zone’s Main Gate. Present during the signing ceremony are (from left): Consultant to the City Mayor James Lorenzana, SMPHI President Hans T. Sy, Olongapo City Mayor James ‘Bong’ Gordon Jr., and SMPHI Executive Vice President/CFO Jeffrey C. Lim.