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”
09 May
2007
SM Prime nets P1.5 B in Q1, up 11%
SM Prime Holdings, Inc., the country’s leading shopping mall developer and operator, reported an 11 percent rise in net income for the first quarter of the year to P1.5 billion, while EBITDA jumped 19 percent to P2.5 billion for an EBITDA margin of 71 percent.
09 May
2007
SM Prime profit jumps 11% to P1.5B in Q1
Shopping mall giant SM Prime Holdings Inc. posted a net profit of P1.5 billion in the first quarter this year, up 11 percent from a year ago on higher income from lease operations.
09 May
2007
New shopping malls earnings raise SM Prime’s net income
SM Prime Holdings Inc. said on Tuesday its first-quarter earnings climbed with the addition of new malls and the expansion of existing ones. In a statement, the Philippines’ biggest mall developer and operator said its net income for the first three months rose 11 percent to P1.5 billion.
03 May
2007
SM PRIME ‘Willing To Wait’ For Control Of South Road Properties
SM Prime Holdings Inc. (SMPHI) president Hans Sy has said the company is willing to wait on its plan to take full control over the 295-hectare (ha) South Road Properties (SRP) in Cebu City.
03 May
2007
Philippines’ property sector is red-hot
THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.
24 Apr
2007
SM Prime sets aside P35 B to continue expansion binge
SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.
24 Apr
2007
BusinessWorld: SM Prime sets P35-B plan
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.
24 Apr
2007
Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires
SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.
24 Apr
2007
Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007
SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.
24 Apr
2007
Philippines SM Prime Hikes Capital To PHP20B From PHP10B
SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.