19 Feb
2025
SM Strengthens Pivot to Solar PVs in Support of DOE’s Renewable Energy Goals
As the world continues to grapple with depleting resources, the need for renewable energy has never been more urgent. Malls, as significant energy consumers, have a unique opportunity to lead
19 Feb
2025
Bringing Light and Hope: SM Cares Partners with Global Peace Foundation to Empower Sustainable Communities
SM Cares, the corporate social responsibility arm of SM Supermalls, has joined hands with the Global Peace Foundation (GPF) Philippines to support the transformative All Lights Village project. This partnership
17 Feb
2025
SM Prime posts record annual profit, up 14% to P45.6 Billion
(February 17, 2025, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported its highest-ever consolidated net income of
14 Feb
2025
Hamilo Coast Sets Sail for New Possibilities with M Village at Marina Estates
Escape the ordinary and embrace a life of unparalleled luxury and sustainability at Hamilo Coast’s M Village in Marina Estates. Nestled amidst lush forests, pristine beaches and the majestic Naligang
12 Feb
2025
SM Prime partners with TeaM Energy to boost Solar Energy Capacity
(February 11, 2025, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), a leading integrated property developer in Southeast Asia, has signed an agreement with TeaM (Philippines) Energy Corporation
10 Feb
2025
SM Prime and DENR bolster Manila Bay Cleanup Efforts with High-Tech Trash Boat
In a joint effort for Manila Bay, SM Prime Holdings (SM Prime), together with the Department of Environment and Natural Resources (DENR), was present for the handover of a state-of-the-art
10 Feb
2025
SM Prime Announces Interest Rates for Fixed Rate Retail Bond Series Y, Z, and AA
(February 07, 2025, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Fixed Rate Bonds Series Y at 6.0282 percent due
06 Feb
2025
SM Prime Boosts Malls and Commercial Property Portfolio with ₱33 Billion Investment
(February 05, 2025, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is investing up to ₱33 billion this year on its
04 Feb
2025
SM Book Nook Reading Festival brings Filipino stories to life at SM Aura
The SM Book Nook Reading Festival, held on January 31, 2025, at the Book Nook in SM Aura, drew 500 book lovers of all ages for a dynamic celebration of
03 Feb
2025
ARISE Philippines Holds First Annual General Meeting, Setting the Stage for a Resilient 2030
The United Nations Office for Disaster Risk Reduction (UNDRR) Private Sector Alliance for Disaster Resilient Societies (ARISE) Philippines, a leading resilience network in the country, held its first annual general
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.
