01 Aug
2011
SM Prime Boosts First Half 2011 Profits by 14% to Php4.27 Billion
(01 August 2011. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, posted a better than expected 14% increase in net income for the
19 May
2011
The First Sports & Fitness Expo to be held at SMX
ANIMO selects the SMX Convention Center as the venue of the Sports & Fitness Expo slated on August 12-14, 2011. With the theme, “Get Active. Get Fit. Get Healthy,” this
14 Feb
2011
SM Prime Registers 12% Growth in FY 2010 Net Income of Php7.9 billion
(14 February 2011. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported a 12% growth in consolidated net income to Php7.9
06 Jan
2011
SM and Subsidiaries Win The Asset’s Platinum Corporate Award
(06 January 2011. Pasay City, Philippines.) For the second straight year, Philippine conglomerate SM Investments Corporation (SM) won The Asset Platinum Corporate Award 2010 for all-around excellence in management, financial
10 Nov
2010
SM Prime Third Quarter 2010 Earnings Up 12%
(09 November 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported a 12% increase in consolidated net income for the
21 Oct
2010
SM Prime to Open SM City Novaliches
(21 October 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the country’s dominant mall developer and operator, will open its 40th shopping mall in the Philippines, SM City
14 Oct
2010
SM Prime to Open SM City Calamba
(14 October 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open SM City Calamba on Friday, 15 October
14 Oct
2010
SMPH raises US$150 million via an equity placement SM Malls to reach 43 including 3 malls in China by yearend 2010
(14 October 2010 – Philippines) — SM Prime Holdings Inc. (“SM Prime” or “The Company”; Stock code: SMPH), the leading mall developer in the Philippines, announced that it has raised
08 Oct
2010
SM Prime Signs Lease Contract for Cebu Property
(08 October 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) announced that it has entered into a lease contract with Everjust Realty Development Corporation for a 46,296 square
30 Sep
2010
SM Prime to Open SM City San Pablo
(30 September 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) is set to open SM City San Pablo on Friday, 01 October 2010, its 38th shopping mall in
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.
