11 Jul
2013
SM Prime Shareholders Approve Merger
(10 July 2013. Pasay City, Philippines.) Shareholders of SM Prime Holdings, Inc. (SM Prime) approved today a merger between the company and SM Land, Inc. which will pave the way for the
23 May
2013
SM Prime’s Hans Sy Speaks About Disaster Risk Reduction At UN Forum
(23 May 2013. Pasay City, Philippines.) Investing in disaster risk reduction is good for business, says SM Prime Holdings, Inc. President Hans T. Sy at a global forum organized by
16 May
2013
SM Prime creates new landmark with SM Aura; Sets new standard in green development
(16 May 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) has joined hands with the City of Taguig in a public-private partnership project to support Taguig’s bid to
17 Apr
2013
SM Prime First Quarter Profits Up 15% to Php2.79 Billion
(16 April 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading shopping mall developer and operator which currently owns forty-six malls in the Philippines and five
18 Feb
2013
SM Prime Full Year 2012 Net Income Grows 16% to Php10.53 billion
(18 February 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, exceeded its 2012 profit growth target for a second straight
07 Feb
2013
SM Supermalls extends helping hand to seafaring OFWs
“The Seafarer Center is our humble way of recognizing and honoring our seafarers. Now, they have a place inside a premier mall that they can call their own.” These were
07 Feb
2013
GK project with SM in CDO to see completion soon
Come January 2013, around 200 families who survived typhoon Sendong in Cagayan de Oro may be able to fully start rebuilding their lives after SM Supermalls completed its committed PhP22M
13 Dec
2012
SM Prime to Open Fifth Shopping Mall in China
(13 December 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is scheduled to open SM City Chongqing located in Southwest China,
29 Oct
2012
SM Prime January to September 2012 Profits Up 15% to P7.4 Billion
(29 October 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading shopping mall developer and operator, posted a 15% increase in consolidated net income for the
17 Oct
2012
SM Prime’s SM Seaside City in Cebu Obtains PEZA Registration
(16 October 2012. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) signed on September 4, 2012 the Registration Agreement for SM Seaside City Tourism Economic Zone in Cebu with
Stories
17 Nov
2010
Davao City councilors approve rezoning for second SM mall
DAVAO CITY — City councilors here approved the reclassification of a 10-hectare property in Lanang district, about six kilometers north of city hall, from “parks and recreation” to “major commercial zone,” tearing down a major hurdle in the construction of a second SM City shopping mall.
17 Nov
2010
Share a toy
‘Make a Child Happy this Xmas’ to launch
15 Nov
2010
SM eyes malls in Vietnam, Indonesia
MANILA, Philippines – While it remains bullish on China, the SM Group of retail tycoon Henry Sy is training its sights on Vietnam and Indonesia as possible sites for the future expansion of its shopping mall operations, a top group executive said.
15 Nov
2010
SM Prime wants minimal changes in REIT law
SM PRIME Holdings Inc., the country’s largest mall developer, has formally spoken out against the fiscal government’s proposed changes to the implementing rules of the Real Estate Investment Trust (REIT) Act.
11 Nov
2010
SM Prime income up 12% to P1.9 billion in third quarter
MANILA, Philippines – Shopping mall giant SM Prime Holdings Inc. posted a 12- percent growth in net income during the third quarter this year to P1.9 billion on higher lease revenues and improved consumer spending.
11 Nov
2010
SM Prime profits gain 11% to P5.6 B in first 9 months
MANILA, Philippines – SM Prime Holdings, Inc., the Philippines’ dominant shopping mall developer and operator, posted an 11 percent increase in net income for the first nine months of 2010 to P5.6 billion from P5.1 billion during the same period last year.
11 Nov
2010
SM Foundation’s 2010 Book Drive nets 197,515 books
MANILA, Philippines – With all books collected for this year’s Donate-A-Book program now inventoried, SM Foundation, Inc. in collaboration with project partners SM Cares, DSWD, Bato Balani Foundation, National Book Development Board, Philippine Information Agency, Adarna House, and Children International Foundation Philippines has started distributing the books to public elementary and high schools, municipal and barangay libraries and day care centers.
11 Nov
2010
SM Cavite joins National Children’s Day Celebration
Bacoor, Cavite (10 November) — As part of the company’s corporate responsibility and commitment to the community as well, the SM Supermalls’ Corporate Responsibility program, SM Cares, through the SM Committee on Youth and Children’s Welfare joined the recent National Children’s Day.
10 Nov
2010
New malls lift SM Prime bottomline
THE Philippines’ largest retailer reported that its profit in the third quarter rose by a tenth, driven by new mall openings. In a statement, SM Prime Holdings Inc. said its consolidated net income rose 12 percent to P1.9 billion in the July to September period from P1.7 billion in the same period last year.
10 Nov
2010
SM Prime 9-month profit hits P5.6B
SM Prime Holdings Inc. (SM Prime) yesterday said profit for the first nine months of the year reached P5.6 billion, 11 percent higher than the P5.1 billion during the same period last year..
