29 May
2012
SM Prime Holdings, Inc. Signs Php7.5 Billion Notes Facility Agreement
(May 29, 2012) SM Prime Holdings, Inc. (SM Prime) recently signed a Php7.5 billion notes facility agreement. The notes facility, consisting of five- and ten-year floating rate notes and five-
25 Apr
2012
SM Prime Continues to Outperform in 1Q2012, Earnings Up 15%
(24 April 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, started the year strong by continuing to exceed its growth
17 Apr
2012
SM Prime Holdings, Inc. Holds Multi-sectoral Meeting with DILG
A multi-sectoral meeting was held this afternoon in the DILG office in camp crame chaired by DILG Secretary Jesse Robredo to discuss the concerns on the expansion of SM City
11 Apr
2012
SM TO PLANT 50,000 TREES…
“SM city Baguio HAS started the procedure of replanting the trees that will be affected by its expansion. The mall expansion is a spin off from the top soil erosion
03 Apr
2012
SM Prime Set to Expand SM City Bacolod
(30 March 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, is set to expand its existing SM City Bacolod in
17 Feb
2012
SM Prime Posts 15% Growth in 2011 Net Income of Php9.1 billion
(17 February 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, exceeded its 2011 profit growth target by attaining a 15%
09 Feb
2012
SM Prime to Open SM City Olongapo
(09 February 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator is set to open SM City Olongapo on Friday, 10 February
11 Nov
2011
SM Prime January to September 2011 Earnings Up 14% to Php6.4 billion
(3 November 2011. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported a 14% increase in consolidated net income for the first nine
19 Oct
2011
SM Prime Wins Various Awards from Asia Pacific Real Estate Association
(17 October 2011. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, won the Emerging Markets Highly Commended award from the Singapore-based Asia Pacific Real
22 Sep
2011
SM Prime to Open Fourth Shopping Mall in China
(22 September 2011. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is scheduled to open SM City Suzhou in mainland China’s Jiangsu
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.