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
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.