MANILA – SM Prime Holdings Inc., the mall development arm of tycoon Henry Sy, is planning to list its wholly-owned unit which will eventually handle all of the SM group’s mall operations in China.

SM Investments Corp., the holding company of retail tycoon Henry Sy, plans to list a unit of SM Prme Holdings that operates malls in China over the next five years. SM Investments chief finance officer Jose Sio told reporters that the company was considering the Singapore, Shanghai or Hong Kong stock exchanges for the listing of the China Mall operations.

The SM Group of Companies is planning to list its unit in charge of its China mall operations within the next five years, according to a top company official.

Sy-led SM Prime Holdings, Inc. is looking at listing its Hong Kong-based property unit in the overseas market, to solidify its presence abroad.

SM Prime Holdings Inc. might list the overseas subsidiary handling the firm’s China-based shopping centers within the next five years, said Jose Sio, chief finance officer of parent company SM Investments Corp.

Mall operator SM Prime Holdings Corp (SMPH.PS), a unit of SM Investments Corp (SM.PS), said on Tuesday it planned to set up seven more shopping malls in China in the next five years, in addition to expanding in the Philippines.

MANILA, Philippines – GlutaMAX, the latest skin craze and the hottest skin lightening brand in the market today, gets “product highlight” treatment in all SM Supermarkets nationwide for a whole month of November.

SM Prime Holdings, the biggest mall operator in the country, is eyeing to have 10 malls in China in five years, when their contribution to company revenues should grow five times, its president Hans Sy said.

PHILIPPINE retail giant SM plans to make a bigger presence in the huge Chinese market, said SM Prime Holdings Inc. president Hans Sy.

The SM group, the Philippines’ largest mall operator, will be putting up five more shopping centers in the country, including another one in China.