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
04 Aug
2010
SM Prime Q2 profit rises 10%
SM Prime Holdings, Inc. (SM Prime), the mall operating unit of Sy-led SM Investment Corp. (SM Investments), yesterday said that profit for the first half of the year reached P3.8
04 Aug
2010
SM Prime profit up 11% in 1st half
Dominant shopping mall developer SM Prime Holdings Inc. (SMPHI) posted an 11 percent increase in net income to P1.9 billion in the second quarter from P1.7 billion after its revenues
04 Aug
2010
New malls prop up SM Prime 1H profit
The country’s largest mall developer said its net income in the first half grew on account of the increased revenues from its newly opened shopping centers and improved consumer demand.
30 Jul
2010
Reinventing Shopping at the Malls
SHOPPING for Filipinos has evolved to many facets of experience throughout the years. From the simple chore of buying stuff, the shopping experience at the malls has expanded from entertainment,
30 Jul
2010
SM Prime to sell $100M in bonds sans REIT
SM Prime Holdings, Inc., the country’s largest mall operator, will tap the bond market if the implementation of the law on real estate investment trusts or REITs is deferred. The
29 Jul
2010
SM Prime May Sell $100 Million Bonds if REIT Share Sale Delayed
July 28 (Bloomberg) — SM Prime Holdings Inc. may raise up to $100 million by selling bonds or by borrowing in the second half if it can’t raise funds by
29 Jul
2010
SM Prime eyes bond sale, loans as REITS substitute
SM Prime Holdings Inc., the country’s largest shopping mall operator and developer, is looking at raising $50 million to $100 million via either a bond sale or ‘full’ borrowings if
29 Jul
2010
SM Prime to borrow $100 million if REIT listing slips
MANILA, Philippines – SM Prime Holdings Inc., the country’s largest retail landlord, will look to raise up to $100 million from the debt market should its planned real estate investment
29 Jul
2010
REIT implementation pushed
Stakeholders in the newly introduced real estate investment trust (REIT) business yesterday called on the government to speedily implement the REIT law despite its fears of revenue losses. They said
29 Jul
2010
SM PLANS 5 IMAX THEATERS
SM Prime Holdings Corp., the country’s largest shopping mall operator and developer, is putting up five more IMAX digital theaters in the country in the next two years. SM Prime