27 Oct
2014
SM and Subsidiaries Garner Awards from Corporate Governance Asia
(27 October 2014. Pasay City, Philippines) Leading Philippine conglomerate SM Investments Corporation (SM) and its subsidiaries were recognized for excellence in good corporate governance by Hong Kong publication Corporate Governance Asia (CG Asia). The
22 Oct
2014
First Speed Skating Competition in Phils: Filipina Rep Off to a Good Start
October 21, 2014 – The SM Skating Rink together with the Philippine Skating Union hosts the very first international speed skating competition in the country. 71 international delegates from across
14 Oct
2014
Michael Martinez Gears Up for Skate America
(Counterclockwise from top left: Martinez with Russian coach and Olympian Ilia Kulik; Mrs. Martinez with top figure skating coach John Nicks; Martinez with coach Scott Wendland; Kulik with Martinez in
02 Oct
2014
SM Prime China Malls Cited for Three Awards in China
(02 October 2014. Pasay City, Philippines.) Property conglomerate SM Prime Holdings, Inc. clinched three major awards recognizing the company’s malls in China. The 12th Annual Conference of Mall China International Symposium hosted by
01 Oct
2014
More E-com Centers on the Rise at Mall of Asia Complex
(26 September 2014, Pasay City, Philippines) Leading property developer SM Prime Holdings, Inc. has broken ground today for its newest landmark, ThreeE-com Center, the latest project of the company’s Commercial
23 Sep
2014
Michael Martinez Places in Lombardia Trophy
(23 September 2014, Pasay City, Philippines) Philippine Olympian Michael Martinez placed 6th among 13 participants with a final score of 199.92 points in the Lombardia Trophy 2014 which was held at Milan Italy last
02 Sep
2014
SM Lifestyle Entertainment, Inc. Receives BSP Stakeholders Award
(2 September 2014. Pasay City, Philippines) SM Lifestyle Entertainment, Inc., (SMLEI) the lifestyle and entertainment solutions company of SM Prime Holdings, was cited for the third year in a row the “Outstanding Partner
01 Sep
2014
SM Prime Retail Bonds Upsized to Php20 billion
(September 01, 2014 Pasay City, Philippines) SM Prime Holdings, Inc. (SMPH) has upsized its retail bond issue to Php20 billion from the initial size of Php15 billion due to the strong
29 Aug
2014
SMDC Turns Over Towers in Makati, Mandaluyong
(29 August 2014. Pasay City, Philippines) SM Development Corp. (SMDC), the residential development arm of property conglomerate SM Prime Holdings, Inc., has turned over more than 2,500 units in two
11 Aug
2014
SM Prime Sets Interest Rates for Php15 Billion Retail Bonds
(12 August 2014, Pasay City, Philippines) SM Prime Holdings, Inc. (SMPH) has set the interest rates for its Peso-denominated Series A, 5.5-year retail bonds at 5.1000% p.a., Series B, 7-year
03 May
2007
Philippines’ property sector is red-hot
THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.
24 Apr
2007
SM Prime sets aside P35 B to continue expansion binge
SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.
24 Apr
2007
BusinessWorld: SM Prime sets P35-B plan
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.
24 Apr
2007
Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires
SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.
24 Apr
2007
Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007
SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.
24 Apr
2007
Philippines SM Prime Hikes Capital To PHP20B From PHP10B
SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.
24 Apr
2007
SM Prime sees profit rising by double-digits
SM Prime Holdings Inc. said profits this year are poised to grow by double digits, as the Philippines’ largest mall developer and operator saw first-quarter revenues rising by a quarter.
24 Apr
2007
SM Prime Holdings to spend P35B over five-year period
SM Prime Holdings Inc. is setting aside P35 billion over the next five years for the construction of new malls and expansion of existing ones as it seeks to further strengthen its dominant foothold in the shopping mall industry.
06 Apr
2007
SM Offers To Wipe Out Cebu’s Debt Over South Road Properties
A multi-billion-peso offer made by SM Prime Holdings Inc. to take full control over the entire 295-South Road Properties (SRP) will practically wipe out Cebu City’s P6.3 billion (US8.8 million) debt incurred in building the SRP.
04 Apr
2007
Top Manila property firms to bid for airport lot
Five of the Philippines’ top property developers can take part in a state auction for a former airport site in Iloilo city, 290 miles (470 km) south of the capital, the government said on Tuesday.