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
17 Aug
2006
Megaworld, SM Prime pace mart’s climb
PHILIPPINE stocks on Wednesday rose after a Bangko Sentral ng Pilipinas report showed remittances from overseas Filipino workers (OFW) jumped last month. OFW remittances account for about a tenth of the Philippine economy.
17 Aug
2006
SMDC’s earnings drop in 1st half
SM Development Corp. (SMDC), the property arm of the SM Group of Companies, reported a significantly lower net income for the first six months of the year on “unrealized mark-to-market
15 Aug
2006
Retail, malls continue to drive SMIC’s profit
SM Investments Corp. (SMIC), the listed holding company controlled by retail king Henry Sy Sr., ended the first semester with a net income of P5.1 billion, 85-percent higher than the amount it made in the same period last year.
15 Aug
2006
SMIC profit soars on sale of securities, receipts
THE holding company SM Investments Corp. reported the attaining double-digit growth in net income for the first half of the year on “extraordinary gains from the sale of marketable securities and global depository receipts.
15 Aug
2006
SM posts 26% rise in net recurring income
SM Investments Corp. (SM) yesterday reported a 26% gain in net income for the first half, excluding extraordinary items, due to a strong performance from its shops and mall operations.
15 Aug
2006
SMIC earns P5.1 B in H1, up 85%
SM Investments Corporation (SMIC), the investment holding firm of the family of Henry Sy Sr., reported yesterday, an 85 percent growth in net income for the first six months of 2006 to P5.1 billion on the back of extraordinary gains from the sale of marketable securities during the period and Global Depository Receipts in the first quarter.
14 Aug
2006
SM Profits Grow 85% to Php5.1 bn for 1st Half 2006
(14 August 2006. Pasay City, Philippines) Holding company, SM Investments Corporation reported an 85% growth in net income for the first six months of 2006 to Php5.1 billion boosted by extraordinary gains from the sale of marketable securities during the period and Global Depository Receipts in the first quarter.
11 Aug
2006
SM Investments to simplify corporate structure
THE holding firm SM Investments Corp. of mall tycoon Henry Sy said its board had approved a plan to reorganize and simplify its corporate structure by grouping subsidiaries, affiliates and other assets together according to lines of business or interests.
11 Aug
2006
Retail space rental up on consumer spending
Rental rates for retail spaces in Metro Manila continued to rise in the first half with strong consumer spending supporting its growth, property services firm Jones Lang LaSalle said. In
10 Aug
2006
SM Corp. restructures to simplify ownership
SM Investments Corp. said it will create subsidiaries and affiliates as part of a ownership restructuring plan that will simplify its corporate structure. In a statement, SM Investments said it approved the plan aimed at realigning the ownership of shares and properties within SM to “follow major business lines, namely retail merchandising, mall operations, the banking and financial services, real estate and private investments.