08 Nov
2021
SM Prime 9M21 Net Income Up by 9%; Reservation Sales Increases by 14%
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a 9% increase in consolidated net income to PHP 15.6 billion in the first nine months of 2021 from PHP14.4 billion in the same period last year. Consolidated revenue recorded PHP56.8 billion, 6% lower from PHP60.7 billion in the same period being reviewed.
08 Nov
2021
SM Prime supports the Task Force on Climate-related Disclosures
SM Prime Holdings, Inc. (SM Prime) joins more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures.
03 Nov
2021
Tagaytay Highlands bares hopes for gladder tidings this Yuletide
It’s beginning to look a lot like Christmas at Tagaytay Highlands, with its homeowners getting all psyched up for the most wonderful time of the year. For one, while precautionary measures remain in place in the premier mountain resort community, it has its holiday agenda all mapped out to ensure that residents’ Yuletide celebrations will be merry and bright.
03 Nov
2021
Ten Outstanding Local Governance Units honored in Galing Pook Awards 2021
Ten outstanding local governance programs from different cities, municipalities, and provinces across the country were recognized in the 2021 Galing Pook Awards.
29 Oct
2021
SM Prime Issues Interest Rate for Retail Bond Series O
SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series O, 7-year retail bond at 5.0994 per cent due on 2028.
20 Oct
2021
SM Supermalls, ARISE Philippines and Korean Embassy celebrate International Day for Disaster Risk Reduction
SM Supermalls, in partnership with the Embassy of the Republic of Korea in the Philippines and ARISE Private Sector Alliance for Disaster Resilient Societies – Philippines, hosted a webinar last October 13 on disaster risk reduction (DRR) in celebration of the International Day for Disaster Risk Reduction.
13 Oct
2021
SM Prime to Open New Mall in Daet, Camarines Norte
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will open SM City Daet on Friday, October 15th, its newest and first mall in the Province of Camarines Norte. This is also the Company’s third mall in the Bicol Region, which will add 47,000 square meters (sqm.) of gross floor area (GFA) in its mall portfolio.
11 Oct
2021
Pico Sands Hotel Donates Vaccines
Inspired by the spirit of unity and camaraderie in the midst of adversity, Pico de Loro Beach and Country Club and Pico Sands Hotel donated 200 doses of AstraZeneca COVID-19 vaccines to the Rural Health Unit of Nasugbu, Batangas last October 4, 2021. In the same way the properties ensure that the staff have secure and comfortable access to vaccines, they likewise endeavor to extend a helping hand to all those in need through actionable programs. Certainly, though the pandemic has posed incredible challenges, everyone remains headstrong in its wake, in part thanks to the support of loved ones and the community.
01 Oct
2021
SM Prime Targets to Minimize Operations’ Carbon Footprint Through Enhanced Sustainability Program
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, sets a new milestone in its sustainability program as the Company commits to expand its energy source portfolio gearing towards clean energy across all of its business segments over the medium term.
01 Oct
2021
Hamilo Coast Safeguards Its Marine Biodiversity
In line with its core emphasis on sustainable tourism and environmentally conscious living, Costa Del Hamilo, Inc. (CDHI), a leader in the leisure resort industry and the movers behind Hamilo Coast in Nasugbu, Batangas, recently completed a Marine Protected Area (MPA) assessment. The sites targeted were three of 12 coves in the property, established as MPAs for CDHI’s Sustainable Development Project, implemented from 2017 to 2019.
26 May
2008
SEC approves SM Prime Holdings’ acquisition of China malls
THE country’s largest mall owner and operator told the Philippine Stock Exchange that the Securities and Exchange Commission has given its nod to the acquisition of the China malls owned
23 May
2008
SMPH gets SEC exemption
The Securities and Exchange Commission (SEC) has given Sy-controlled SM Prime Holdings, Inc. an exemptive relief, allowing the country’s leading mall operator and developer’s issuance of 912.89 million shares be
23 May
2008
SEC okays SM buyout of 3 Chinese malls
The Securities and Exchange Commission (SEC) has approved the acquisition by SM Prime Holdings Inc. of three malls in China through a share swap. In a disclosure to the Philippine
23 May
2008
SM Prime share swap gets SEC approval
THE Securities and Exchange Commission has approved SM Prime Holding’s proposed issuance of 912.89 million common shares to the two holding companies owned by the Sy family in exchange for
23 May
2008
SM’s China mall deal gets SEC nod
MALL OPERATOR SM PRIME HOLDINGS Inc. of tycoon Henry Sy has received the green light from the Securities and Exchange Commission (SEC) to acquire Sy-owned malls in China through a
22 May
2008
Filipinos flock to supersize malls
Filipinos flock to supersize malls: In spite of its low income levels.The Philippines is home to 4 of the world’s 11 largest shopping malls The SM Mall of Asia in
12 May
2008
Authority gives nod to SM North Annex station
SM Prime Holdings Inc. and state-run Light Rail Transit Authority (LRTA) are finalizing an agreement for the construction of an additional station for the Light Rail Transit Line 1 (LRT
08 May
2008
SM Prime profit growth slows amid high inflation
THE Philippines’ largest mall owner and operator announced that its first-quarter profit rose at a slower pace this year. In a statement, SM Prime Holdings (SMPH) said its net income
08 May
2008
SM Prime profit up 7% in Q1
Shopping mall giant SM Prime Holdings Inc. reported a seven-percent growth in net earnings to P1.6 billion from January to March this year on higher revenues from lease operations. In
08 May
2008
Philippines’ SM Prime Holdings Q1 net profit up 7 percent on higher revenue
The Philippines’ biggest mall developer SM Prime Holdings Inc. said its net profit in the first quarter rose 7 percent to 1.6 billion pesos (US$ 38 million) from a year