01 Sep
2014
SM Prime Retail Bonds Upsized to Php20 billion
(September 01, 2014 Pasay City, Philippines) SM Prime Holdings, Inc. (SMPH) has upsized its retail bond issue to Php20 billion from the initial size of Php15 billion due to the strong
29 Aug
2014
SMDC Turns Over Towers in Makati, Mandaluyong
(29 August 2014. Pasay City, Philippines) SM Development Corp. (SMDC), the residential development arm of property conglomerate SM Prime Holdings, Inc., has turned over more than 2,500 units in two
11 Aug
2014
SM Prime Sets Interest Rates for Php15 Billion Retail Bonds
(12 August 2014, Pasay City, Philippines) SM Prime Holdings, Inc. (SMPH) has set the interest rates for its Peso-denominated Series A, 5.5-year retail bonds at 5.1000% p.a., Series B, 7-year
04 Aug
2014
SM Prime net income up 12% to Php9.8 billion in first half of 2014
(04 August 2014, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property development companies in Southeast Asia, reported a consolidated net income increase of
30 Jul
2014
Michael Martinez to Compete in Skating Grand Prix
(30 July 2014, Pasay City, Philippines) Philippine Olympian Michael Martinez will vie in the International Skating Union (ISU) Grand Prix of Figure Skating (Grand Prix) which starts on October 24
19 Jun
2014
Summer Skate Sizzles in SM Malls
(19 June 2014. Pasay City, Philippines) Four Philippine skaters bested over 100 of their peers in the recently held Summer Skate Competition at the SM Skating Rinks in Mall of Asia and Megamall. Amanda Sophie Hernandez, 6,
09 Jun
2014
SM Supermalls wins ultimate seal of consumer approval
SM Supermalls clinched, for the second year, the Platinum Reader’s Digest Trusted Brand Award for the Shopping Mall category in the Philippines for 2014. As the ultimate seal of consumer approval, the Trusted
04 Jun
2014
SMPHI Press Statement
“SM Prime Holdings, Inc. (SMPHI) filed a case for specific performance with prayer for injunction today against the DOTC and LRTA to protect its legal rights and interests under its
30 May
2014
SM Prime Opens First Mall in Cagayan Valley
(30 May 2014. Pasay City, Philippines) SM Prime Holdings, Inc., the country’s largest property developer, opens today, SM City Cauayan in Isabela province, its first mall in the Cagayan Valley
29 May
2014
SM Skating Rink Holds Summer Skate Competition
Dreams of competing in the skating world have started here. Head out to the skating rinks at SM Mall of Asia and SM Megamall this weekend to witness “Summer Skate”
28 Dec
2007
SM Prime not yet listing on other exchanges
Shopping Mall Developer and operator SM Prime Holdings, Inc. will wait for the enactment of proposed law on real estate investment trust (REITs) before it considers listing in other exchanges, Executive Vice-President Jeffrey C. Lim said.
20 Dec
2007
SM Prime eyes P4B in loans in 2008
SM Prime Holdings Inc., the mall development arm of tycoon Henry Sy, is considering borrowing P4 billion in 2008 to help fund construction of new malls, a company official said.
20 Dec
2007
Banco de Oro to refinance 0m worth of tier 2 notes
The Sy-controlled Banco de Oro, the country’s fastest growing bank, will refinance about 0 million of its tier 2 notes next year, bank president Nestor Tan told reporters yesterday.
20 Dec
2007
SM bank, mall units to raise P12.4B
SM Investment Corp.’s banking and mall subsidiaries plan to get loans and issue debt totaling at least P12.4 billion (6 million) next year to fund expansion projects and refinance debt, officials said.
20 Dec
2007
SM Prime Plans To Borrow PHP4 Bln In ’08 To Partly Fund Capex
SM Prime Holdings Inc. (SMPH.PH), the Philippines’ largest mall operator by sales, plans to borrow PHP4 billion (.9 million) next year to partly fund its capital expenditure, which is estimated at PHP6 billion, Executive Vice-President Jeffrey Lim said Wednesday.
20 Dec
2007
SM to borrow locally for additional malls
THE country’s biggest mall builder and operator said it will borrow a substantial part of the money required for next year’s capital expenditures from the local market. In a briefing, Jeffrey C. Lim, SM Prime Holdings Inc. executive vice president, said the company will borrow P4 billion out of the P6-billion capex for next year while the balance would come from internally generated funds.
20 Dec
2007
SM Prime plans P4-B borrowings next yr
Shopping mall giant SM Prime Holdings Inc. plans to borrow P4 billion next year to fund the continued development of new malls and the expansion of existing ones. SM Prime executive vice president Jeffrey Lim said the company needs P6 billion to fund its capital expenditures next year.
11 Dec
2007
SM Prime Expands SM City Cebu with Opening of New Annex
SM Prime Holdings, Inc. (“SM Prime�?) has just expanded SM City Cebu with the opening of its new annex, bringing total GFA to 268,611 square meters (sqm), making it the largest SM mall in the Visayas region. The new wing of SM City Cebu, which will be inaugurated on November 30, 2007 has a gross floor area (GFA) of 107,049 sqm.
11 Dec
2007
SM Nation
At the education summit, held at the Asian Institute of Management, I acknowledged the breakthrough importance of the Commission on Higher Education’s Memo Order No. 39, which standardizes the Bachelor of Science in Business Administration program nationwide. But I suggested that the world it assumed was skewed.
11 Dec
2007
Shopping Center of the Year
The SM Mall of Asia recently received the Philippine Retailers Association’s Shopping Center of the Year Award during its 2007 Outstanding Filipino Retailers and Shopping Centers of the Year Night held recently at the Crowne Plaza in Ortigas.