06 Jan
2011
SM and Subsidiaries Win The Asset’s Platinum Corporate Award
(06 January 2011. Pasay City, Philippines.) For the second straight year, Philippine conglomerate SM Investments Corporation (SM) won The Asset Platinum Corporate Award 2010 for all-around excellence in management, financial
10 Nov
2010
SM Prime Third Quarter 2010 Earnings Up 12%
(09 November 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported a 12% increase in consolidated net income for the
21 Oct
2010
SM Prime to Open SM City Novaliches
(21 October 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the country’s dominant mall developer and operator, will open its 40th shopping mall in the Philippines, SM City
14 Oct
2010
SM Prime to Open SM City Calamba
(14 October 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open SM City Calamba on Friday, 15 October
14 Oct
2010
SMPH raises US$150 million via an equity placement SM Malls to reach 43 including 3 malls in China by yearend 2010
(14 October 2010 – Philippines) — SM Prime Holdings Inc. (“SM Prime” or “The Company”; Stock code: SMPH), the leading mall developer in the Philippines, announced that it has raised
08 Oct
2010
SM Prime Signs Lease Contract for Cebu Property
(08 October 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) announced that it has entered into a lease contract with Everjust Realty Development Corporation for a 46,296 square
30 Sep
2010
SM Prime to Open SM City San Pablo
(30 September 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) is set to open SM City San Pablo on Friday, 01 October 2010, its 38th shopping mall in
08 Sep
2010
SM Prime Wins Best Practices Award
(07 September 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, recently won the Emerging Markets Highly Commended award from the Singapore-based
04 Aug
2010
SM Prime Second Quarter 2010 Net Income Rises 11% to Php1.9 Billion
(03 August 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator posted an 11% increase in net income in the second
29 Apr
2010
SM Prime to Open SM City Tarlac
(29 April 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open SM City Tarlac on Friday, 30 April
Stories
17 Nov
2009
SM to build new malls in RP, China next year
THE holding company of the SM group said it plans to build five more malls in the Philippines and one in China next year as it is poised to enter a new growth cycle led by the retail and property businesses. In a briefing, Cora Guidote, SM Investments Corp. (SMIC) vice president for investor relations, said the conglomerate will build new malls in Calamba, Laguna; Novaliches, Quezon City; Tarlac; Masinag in Antipolo City; and San Pablo, Laguna and one in China.
17 Nov
2009
SM Prime plans to build 10 malls in China in 5 yrs.
SM Prime Holdings Inc., the mall developer of the SM Group, is eyeing a total of 10 SM supermalls in China in the next five years to contribute 10 percent of its revenues from the present 2 to 3 percent.
17 Nov
2009
Retail, property businesses prop up SMIC 9-month earnings
MANILA – Earnings of SM Investments Corp. (SMIC), the holding firm of mall magnate Henry Sy, grew 14.3% in the first 9 months of the year, fueled by the strong performance of its retail and property businesses.
17 Nov
2009
Mall and banking group to invest P211B up to 2014
Sy-led SM Investments Corp. (SMIC) is confident the local economy will continue to remain robust in the next five years, disclosing yesterday that it plans to invest as much as P211 billion until 2014.
17 Nov
2009
SMIC earmarks P40.6B for 2010 projects; Jan.-Sept. profit up 14% to P10.8B
SM INVESTMENTS CORP. said Monday it was planning to invest P40.6 billion more in its retail, shopping malls, property, and hotel and entertainment businesses next year.
17 Nov
2009
SM Investments Expects to Post Record Annual Profit
Nov. 16 (Bloomberg) — SM Investments Corp., the holding company of Philippine billionaire Henry Sy, will post a record profit this year as its retail, property, shopping mall and bank units grabbed market share amidst a slowing economy.
17 Nov
2009
SMIC sets massive P211-billion capex over 5 years
MANILA, Philippines – SM Investments Corp. (SMIC), the investment holding firm of the Sy family, has set a massive capital expenditure program worth P211.32 billion over five years to take advantage of a global economic recovery as well as emerging business opportunities.
17 Nov
2009
SM Group sets 2010 capex budget at P41B
THE holding company of the SM Group is planning to increase next year’s spending by more than half as it forges ahead with a five-year plan to double profits to over P30 billion.
12 Nov
2009
The World’s Five Most Shocking Malls
Amusement parks, ice-skating rinks, wave pools, and IMAX theatres—believe it or not, these are all found inside of select malls around the world. And although many know of Minnesota’s Mall of America, which continues to be a popular road trip destination, the shopping centers that beat it in both size and attractions require an international voyage.
12 Nov
2009
SM offers to pay P50 million advance taxes
CEBU, Philippines – The management of SM Prime Holdings Inc. has offered the Cebu City government an advance tax payment of P50 million on condition that the money would be spent for the development of areas surrounding its mall.
