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.
05 Nov
2015
Philippine Daily Inquirer: SM Prime launches P20B bond offer
REGIONAL property giant SM Prime Holdings Inc. has launched a local retail bond offering worth as much as P20 billion, proceeds from which will fund mall expansions and refinance debt.
05 Nov
2015
The Standard: SM Prime finalizes P20-b bonds
SM Prime Holdings Inc. has set the final terms for its planned P20-billion, fixed-rate retail bond offering slated this month.
SM Prime in an amended prospectus filed with the Securities and Exchange Commission pegged the final rate for the five-year bonds due 2021 at 4.5095 percent a year and the 10-year bonds due 2024 at 4.7990 percent per annum.
05 Nov
2015
Philstar.com: NU chief backer Hans Sy hopes for Parks success in NBA quest
SM Prime Holdings chief executive officer and NU chief backer Hans Sy with Dallas Mavericks owner Mark Cuban, Chao Espaldon of EastWest Private and player agent Charlie Dy at the sidelines during the NBA Summer League games. Instagram photo from Charlie Dy/File Photo
04 Nov
2015
Manila Bulletin: SM receives Retail Asia Gold Award
04 Nov
2015
Manila Bulletin: SM, BDO, Gawad Kalinga project
Cagayan De Oro City – SM Prime Holdings, Inc., BDO Foundation, Inc. and Gawad Kalinga recently turned over 300 housing units to Sendong surviving families in Zone 7, Canitoan, here, under its SM-BDO Kapitbahayan project.
04 Nov
2015
Bloomberg: SM Prime Sets Rates for Up to 20b Pesos Offer of 2021, 2025 Debt
Rates at 4.5095% for debt due 2021, 4.7990% for bonds due 2025, according to amended prospectus filed by SM Prime with SEC.
03 Nov
2015
Business Mirror: SM Prime income surges 70% to P22.9B in 9 mos
Mall operator SM Prime Holdings Inc. reported a 70-percent surge in net income in the first nine months of the year, partly as a result of one-time gains as its business continues to grow by adding more shopping malls into its portfolio.
03 Nov
2015
BusinessWorld: SM Prime profit jumps 15% to P4.2 billion in Q3
SM Prime Holdings, Inc. — the property holding firm of tycoon Henry Sy, Sr. — saw higher earnings in the third quarter, anchored on the expansion of its core businesses, with an extraordinary gain boosting profits in the first nine months of the year.
03 Nov
2015
Malaya: SM Prime’s Recurring Income Grows 15%
SM Prime Holdings, Inc. (SM Prime) said profit for the first nine months of the year reached P22.9 billion, 70 percent higher than last year’s P13.47 billion.
03 Nov
2015
The Philippine Star: SM Prime posts P15.5-B profit in 9 months
SM Prime president Hans Sy attributed the revenue growth to the expansion across all business portfolios since 2013. STAR/Mike Amoroso