03 May
2017
SM Prime Sets Interest Rates for Php15 Billion Retail Bonds
(03 May 2017, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Series G, 7-year retail bonds at 5.1683% p.a last May 2. SM
25 Apr
2017
SM Prime to spend at least PHP50 billion to develop provincial cities
(25 April 2017. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, plans to spend at least PHP50 billion per annum over the next two years
20 Feb
2017
SM Prime’s Net Income Rose 14% in 2016
(20 February 2017. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a recurring net income growth of 14% in 2016 to PHP23.8 billion from
19 Dec
2016
SM City Tianjin: SM Prime’s 7th mall in China
Artist Perspective of SM City Tianjin (19 December 2016, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, soft opened SM City
06 Dec
2016
SM Prime Opens SM City East Ortigas
Façade of SM City East Ortigas in Pasig (01 December 2016, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its
07 Nov
2016
SM Prime’s Consolidated Net Income up by 15% in 3Q2016
(07 November 2016. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a consolidated net income growth of 15% to PHP4.9 billion in third quarter
14 Oct
2016
SM Bags 4 Asia Pacific Shopping Center Awards
The International Council of Shopping Centers (ICSC) awarded SM Supermalls with four major awards – one Gold, three Silvers, and one Certificate of Merit from the ICSC Foundation – under
23 Sep
2016
SM wins in London awards
SM SUPERMALLS WINS THE PRESTIGIOUS BRAND OF THE YEAR AWARD, National Tier 2016-2017, during the World Branding Awards ceremonies at London’s Kensington Palace. The Awards recognizes the achievement of some of
12 Aug
2016
SM wins 3 Xiamen New Business Awards
On the evening of Aug.10 2016, SM City Xiamen was recognized as “2016 Xiamen New Business Landmark Awards – the Most Popular Shopping Center”, and Xiamen Lifestyle Center was awarded
01 Aug
2016
SM Prime Core Net Income Rises 12% in 1H2016
(01 August 2016. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a 12% growth in its core net income to PHP12.6 billion from PHP11.2
24 Jan
2008
SM gets incentives for P714.96-m infotech investment
Shoemart Inc. of taipan Henry Sy Sr. has secured incentives from the Philippine Economic Zone Authority in exchange for a P714.96-million investment to develop and operate an information technology center
24 Jan
2008
Solons push ban on parking fees at shopping malls, private hospitals
Congressmen batting for a ban on pay vehicle parking at shopping malls, hospitals and other similar commercial establishments yesterday demanded the conduct of continuous hearings on a number of legislative
24 Jan
2008
SM City Naga breaks ground
Naga City Mayor Jesse Robredo and SM Prime Holdings president Hans Sy led the groundbreaking ceremony of SM Naga in Camarines Sur. Located along the entrance of the Central Business
24 Jan
2008
SM Prime earmarks P1B for China mall
SM Prime Holdings Inc. (SMPH), the shopping mall development arm of the Sy group, is spending P1 billion for the construction of its fourth mall in China later this year.
02 Jan
2008
SM to build shopping mall in San Pablo
THE country’s largest mall owner and operator said it will build another shopping center in Laguna late this year to early 2009 as part of its provincial expansion. Jeffrey C.
02 Jan
2008
Retailers wait for last-minute shopping to boost sales
Local retailers are counting on last-minute holiday shopping to boost sales, which as of the middle of the month was down 10 percent year-on-year, according to Samie Lim, chairman emeritus
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.