28 May
2009
SM North EDSA Turns Green with New Sky Garden
(28 May 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator will unveil on Friday, 29 May 2009 its latest offering, the
13 May
2009
SM Prime Opens SM City Rosales Annex
(13 May 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, has scheduled the launching of the SM City Rosales Annex
06 May
2009
SM Hits a Hundred Retail Outlets Nationwide with the Opening of Naga Stores
(06 May 2009. Pasay City, Philippines.) Philippine conglomerate SM Investments Corporation (SM) reported that with the opening of an SM department store and an SM supermarket at the newly inaugurated
05 May
2009
SM Prime Sustains Earnings Growth in First Qtr 2009
(05 May 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported sustained growth in earnings despite earlier expectations of an
29 Apr
2009
SM Prime Holdings Declares Cash Dividends and Pursues Expansion Plan in 2009
(28 April 2009, Pasay City, Philippines.) SM Prime Holdings, Inc. (“SM Prime”) announced during its annual stockholders meeting its Board approval for the declaration of a 24-centavo cash dividend per
29 Apr
2009
SM Prime Holdings Declares Cash Dividends and Pursues Expansion Plan in 2009
(28 April 2009, Pasay City, Philippines.) SM Prime Holdings, Inc. (“SM Prime”) announced during its annual stockholders meeting its Board approval for the declaration of a 24-centavo cash dividend per
02 Apr
2009
SM Prime Holdings, Inc. successfully completes Php 5.0B Floating and Fixed Rate Notes Facility
02 April 2009, Manila, Philippines) SM Prime Holdings, Inc. is pleased to announce the successful completion of its Php 5,000,000,000 Floating and Fixed Rate Notes Facility. The deal was arranged
19 Feb
2009
SM Prime full year 2008 net income up 7% to P6.4 B
(19 February 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported consolidated net income of Php6.4 billion from January to
14 Jan
2009
SM Prime Opens SM City Fairview Annex
(14 January 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) has scheduled the launching of the SM City Fairview Annex on Thursday, 15 January 2009. The annex will
14 Jan
2009
SM Prime Opens SM City Fairview Annex
(14 January 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) has scheduled the launching of the SM City Fairview Annex on Thursday, 15 January 2009. The annex will
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.