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
20 Dec
2007
SM Prime Plans To Borrow PHP4 Bln In ’08 To Partly Fund Capex
SM Prime Holdings Inc. (SMPH.PH), the Philippines’ largest mall operator by sales, plans to borrow PHP4 billion (.9 million) next year to partly fund its capital expenditure, which is estimated at PHP6 billion, Executive Vice-President Jeffrey Lim said Wednesday.
20 Dec
2007
SM to borrow locally for additional malls
THE country’s biggest mall builder and operator said it will borrow a substantial part of the money required for next year’s capital expenditures from the local market. In a briefing, Jeffrey C. Lim, SM Prime Holdings Inc. executive vice president, said the company will borrow P4 billion out of the P6-billion capex for next year while the balance would come from internally generated funds.
20 Dec
2007
SM Prime plans P4-B borrowings next yr
Shopping mall giant SM Prime Holdings Inc. plans to borrow P4 billion next year to fund the continued development of new malls and the expansion of existing ones. SM Prime executive vice president Jeffrey Lim said the company needs P6 billion to fund its capital expenditures next year.
11 Dec
2007
SM Prime Expands SM City Cebu with Opening of New Annex
SM Prime Holdings, Inc. (“SM Prime�?) has just expanded SM City Cebu with the opening of its new annex, bringing total GFA to 268,611 square meters (sqm), making it the largest SM mall in the Visayas region. The new wing of SM City Cebu, which will be inaugurated on November 30, 2007 has a gross floor area (GFA) of 107,049 sqm.
11 Dec
2007
SM Nation
At the education summit, held at the Asian Institute of Management, I acknowledged the breakthrough importance of the Commission on Higher Education’s Memo Order No. 39, which standardizes the Bachelor of Science in Business Administration program nationwide. But I suggested that the world it assumed was skewed.
11 Dec
2007
Shopping Center of the Year
The SM Mall of Asia recently received the Philippine Retailers Association’s Shopping Center of the Year Award during its 2007 Outstanding Filipino Retailers and Shopping Centers of the Year Night held recently at the Crowne Plaza in Ortigas.
28 Nov
2007
SM to open 29th RP mall in Taytay
Shopping mall giant SM Prime Holdings Inc. will open SM City Taytay, its first mall in the province of Rizal, tomorrow, Nov. 9. In a statement, SM Prime said the newest structure, with a gross floor area of 91,920 square meters and stands on 38,525 square meters of land, brings to 29 the total number of SM malls across the country.
27 Nov
2007
SM malls clamp down on tenants selling unlicensed software
More than 300 tenants of the SM malls in Metro Manila were given until the end of the year to comply with government’s anti-piracy campaign, an official of the Optical Media Board said.
23 Nov
2007
SM awarded top retailer in RP
SM was named the Philippines Top Retailer during the recent Retail Asia Top 500 Awards held in Tokyo, Japan. This is the fourth straight year in which SM was cited by this prestigious regional trade magazine, which honored top retailers from 14 economies.
22 Nov
2007
An (SM)Xtra-ordinary meeting place
The opening of the SMX Convention Center gathered together an extraordinary mix of government officials, corporate bigwigs, members of the diplomatic corps, and artists and art lovers, recently.
