13 Apr
2016
SM Prime to Earmark PHP180 Billion for 3-Year Expansion
SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, will earmark at least PHP60 billion annually for the next three years to sustain its developmental goals. “SM
22 Feb
2016
SM Prime’s Core Net Income Surge by 14% in 2015
22 February 2016 Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a recurring net income growth of 14% in 2015 to PHP20.9
22 Jan
2016
SM Prime strengthens position in office building industry with new property
FourE-ComCenter breaks ground for 2020 completion (L-R) Engineer Ranilo M. Gison, SAVP Project Development Commercial Properties, SMPHI; Jose Oscar O. Salvacion, President of Design Coordinates, Inc.; Noel S. Sanchez, SAVP
23 Dec
2015
SM Prime receives ASEAN Corporate Governance Award
(From Left to Right) Jeffrey C. Lim, SM Prime’s Executive Vice President; Eunice M. Sotto, SM Prime’s Assistant Vice President for Enterprise Risk Management; and John Nai Peng C. Ong,
23 Dec
2015
SM Prime distinguished as the Best Real Estate Developer (Retail) in the Euromoney Magazine’s 11th Annual Real Estate Survey
(From Left to Right) Mr. Marcus Langston, Euromoney Magazine’s Senior Manager for Asia; Mr. Jeffrey Lim, SM Prime’s Executive Vice President SM Prime Holdings, Inc. (SM Prime), one of the leading
26 Nov
2015
SM Seaside City Cebu: SM Unveils New Regional Landmark In Cebu City
(26 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its new regional landmark, SM Seaside City Cebu, on
05 Nov
2015
SM Prime Sets Interest Rates for Php15 Billion Retail Bonds; Offer Period Started Yesterday
(05 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, has set the interest rates for its Peso-denominated
04 Nov
2015
SM Prime Cited in Southeast Asia Property Awards 2015
Mega Fashion Hall bags the Southeast Asia Property Award for Best Architectural Design (04 November 2015, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the leading integrated property company in the
02 Nov
2015
SM Prime’s Recurring Income Grows 15% in 9M 2015
(02 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a 70% surge in its consolidated net income to PHP22.9 billion
28 Oct
2015
Shopping centers will thrive despite evolving retail landscape
(28 October 2015. Pasay City, Philippines) Malls, which belong to the so-called “brick-and-mortar” businesses, will continue to “click” despite the evolving retail landscape which is enabled by the explosion of
Stories
14 Aug
2006
SM Profits Grow 85% to Php5.1 bn for 1st Half 2006
(14 August 2006. Pasay City, Philippines) Holding company, SM Investments Corporation reported an 85% growth in net income for the first six months of 2006 to Php5.1 billion boosted by extraordinary gains from the sale of marketable securities during the period and Global Depository Receipts in the first quarter.
11 Aug
2006
SM Investments to simplify corporate structure
THE holding firm SM Investments Corp. of mall tycoon Henry Sy said its board had approved a plan to reorganize and simplify its corporate structure by grouping subsidiaries, affiliates and other assets together according to lines of business or interests.
11 Aug
2006
Retail space rental up on consumer spending
Rental rates for retail spaces in Metro Manila continued to rise in the first half with strong consumer spending supporting its growth, property services firm Jones Lang LaSalle said. In
10 Aug
2006
SM Corp. restructures to simplify ownership
SM Investments Corp. said it will create subsidiaries and affiliates as part of a ownership restructuring plan that will simplify its corporate structure. In a statement, SM Investments said it approved the plan aimed at realigning the ownership of shares and properties within SM to “follow major business lines, namely retail merchandising, mall operations, the banking and financial services, real estate and private investments.
10 Aug
2006
SM Investments approves corporate restructuring plan
SM Investments Corp. (SMIC), the listed investment holding company of retail tycoon Henry Sy, has approved a restructuring plan aimed at simplifying the company’s structure by grouping sub-sidiaries, affiliates and other assets together in their respective lines of business or interest.
10 Aug
2006
SMIC streamlines businesses, creates two new companies
SM Investments Corp. (SMIC), the listed holding firm of retail king Henry Sy Sr., is moving to simplify its corporate structure by putting subsidiaries, affiliates and other assets together in their respective lines of business or interest.
10 Aug
2006
SM holding firm to restructure
Sy-led holding firm SM Investments Corp. (SMIC) yesterday announced plans to form two new companies within this year as part of its efforts to simplify its organizational structure among its diverse business interests. An SM Hypermarket outlet at the new SM City North EDSA’s The Block.
07 Aug
2006
SM Prime profit up 9% on robust mall revenues
Mall developer SM Prime Holdings Inc. has posted a nine-percent increase in its net profit attributable to the parent firm for the first half of the year to P2.6 billion from P2.4 billion last year mainly driven by robust revenue growth during the period.
05 Aug
2006
SM Prime nets P2.6 B in 1st half
SM Prime Holdings, Inc. (SM Prime), the country’s leading shopping mall developer and operator, reported a 9 percent growth in net income for the first six months of the year to P2.6 billion from P2.4 billion in the same period 2005.
05 Aug
2006
SM Prime registers profit hike in first half
SM PRIME Holdings Inc., the Philippines’ largest shopping mall operator, said its profits in the first six months of the year rose on revenues from its new malls.
