When SM Supercenter Muntinlupa opens its doors to the public today, Nov 16, it will not only bring great shopping, leisure and entertainment to the south Metro area, but also mark a milestone as SM Prime Holdings’ 30th supermall. Strategically located in a 37,000 square meter property in Barangay Putatan in Muntinlupa City, the two level 54,000-square meter supermall will serve customers in bustling Muntinlupa City, as well as nearby towns in Laguna province. With its eye-catching design and great shopping and fun options, SM City Muntinlupa is envisioned to be one of the major destinations in the area. Its blue and yellow facade makes it stand out, while the interiors are play on color and light, making malling cozy and fun. SM Supercenter Muntinlupa has the SM Hypermarket as its major anchor. Hypermarkets are European concept merging food and non-food merchandise in an exciting one-stop shop, known for its fresh section, exciting concepts like takal-takal and promotions like Shop ‘n Win, the SM Hypermarket has changed the way Filipino homemakers shop. SM Supercenter Muntinlupa will also have four deluxe cinemas and the Quantum Amusement Center for fun around the mall. Shoppers will be delighted with the mall’s service outlets- banks; salon like Bench Fix, David’s, medical and dental services, Southern Sky Travel and Tours, an Everyday Laundry, photography services, as well as courier services like DHL and Mail & More. SM Supercenter Muntinlupa’s design team includes Design Associates, the mall designer’ G&W Associates, the architect of record;DA Adcede Associates; and DDT Konstruct Inc., general contractor.

SM INVESTMENTS Corp., the listed holding firm of tycoon Henry Sy, reported a 14% jump in net income in the three quarters ending September, buoyed by revenues from its retail merchandising, shopping mall and property businesses.

RETAIL giant SM Prime Holdings Inc. (SMPH) is acquiring the Sy family’s three malls in China for roughly P10.8 billion through a share-swap scheme. In a briefing Wednesday, SM Prime executive vice president Jeffrey Lim said the mall operator would still focus on expanding its malls in the provinces but has decided to also gain a foothold in China’s fast-growing economy and use this as a platform for long-term growth.

SM Prime, the country’s largest mall developer and operators, has agreed to fold in three Sy-owned malls in China in a deal valued at P10.8 billion. Henry Sy, one of the Philippines’ richest men, owns both SM Investments and a portion of SM Prime, but his investments in China are personal.

SM Prime Holdings Inc. (SMPH), the shopping-mall development arm of SM Investments Corp. (SMIC), will acquire the China-based malls owned by the Sy family for P10.8 billion.

The board of SM Prime Holdings, Inc. has approved the acquisition of three SM malls in China currently owned by the Sy Family via a share swap worth P10.8 billion. In a press briefing yesterday, SM Prime executive vice president Jeffrey Lim said the move will allow SM Prime to gain a foothold in China’s fastgrowing economy and use this as a platform for longterm growth outside of the Philippines where it is already the dominant shopping mall developer.

SM PRIME Holdings Inc., the Philippines’ largest mall developer, said on Tuesday its net income climbed 11% in the nine months ending September, helped by sustained revenue gains as it opened more shopping centers.

The opening of the SM mall in this town is another milestone in complementing efforts to boost the economy of the Rizal province.

The retail group of holding company SM Investments Corporation opened Friday its 31st Department Store and 10th Hypermarket, both in Taytay, Rizal.

The opening of the SM mall in this town is another milestone in complementing efforts to boost the economy of the Rizal province.