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
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.