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SM honors founder Henry Sy, Sr.
Monday, January 21, 2008
Source: SM Investor Relations
The SM group of companies recently honored its founder and chairman Henry Sy, Sr. in a special musicale attended by over 2,000 guests from the local business community, various industries, and the private sector.
SM Prime’s Nine-Month 2007 Income at Php4.3bn
Wednesday, November 14, 2007
Source:
SM Prime Holdings, Inc. (“SM Prime"), the country's leading shopping mall developer, reported a net income of Php4.3 billion for the period January to September 2007, for a year on year increase of 11%. EBITDA for the period increased by 18% to Php 7.9 billion.
SM Prime Enters the China Market with Acquisition of 3 Malls
Wednesday, November 14, 2007
Source:
The Board of SM Prime Holdings, Inc. (“SM Prime"or “SMPH") approved today the acquisition of three SM malls in China currently owned by the Sy Family. The move will allow SM Prime to gain a foothold in China’s fastgrowing economy and use this as a platform for long-term growth outside of the Philippines where it is already the dominant shopping mall developer.
BDO - EPCI profits rise to P4.9B
Monday, November 12, 2007
Source: BDO
Banco de Oro - EPCI, Inc- posted a. 4% year-on-year gain in consolidated net profit to P4.9 billion in 9M07 from the P4.7 billion pro-forma income registered in 9M06. The growth in Net Interest Income and Non-Interest income buttressed the bottom line despite challenging operating conditions and integration efforts.
SM Prime Opens Annex 3 of SM City Pampanga
Wednesday, October 24, 2007
Source:
M Prime Holdings, Inc. (“SM Prime") opened Friday, 19 October 2007, the third annex of its SM City Pampanga, one of the largest malls in Central Luzon. The newest annex adds 17,439 square meters (sqm.) of gross floor area (GFA) to the main mall. Two previous annexes were built in 2002 and 2003. With the opening of Annex 3, SM City Pampanga now has a total GFA of 128,089 sqm. and a total building length of 890 meters long or almost one kilometer.
SMIC to Consolidate Property Businesses under Shoemart, Inc.
Monday, October 8, 2007
Source: SMIC
The respective boards of SM Investments Corporation ("SMIC") and Shoemart, Inc. "(Shoemart") have agreed to enter into an agreement to swap SMIC’s holdings in SM Development Corporation (SMDC) equivalent to approximately 1,823,841,965 SMDC shares for additional holdings in Shoemart, Inc.
SMIC’s Pico de Loro Cove development in full swing
Thursday, October 4, 2007
Source:
With the vision of eco-friendly and sustainable residential development and tourism, Pico De Loro Cove, the first of the thirteen coves of Hamilo Coast, the eco-tourism project of SM Investments Corporation in Nasugbu, Batangas, is currently undergoing development.
SM Renames Business District as Mall of Asia Complex
Friday, September 28, 2007
Source: SMIC
SM Investments Corporation (“SMIC" or “SM") announced today that it has renamed its 60-hectare reclaimed property in Pasay City fronting the Manila Bay as Mall of Asia Complex.
SM Investments Corporation Seals Partnership with Fitness First Philippines, Inc
Friday, September 28, 2007
Source:
SM Investments Corporation (SMIC), the holding company of the SM Group of Companies recently signed a deal with the leading global fitness company Fitness First Philippines, Inc (FFPI), to house the latter's 16th club in its OneE-com Center.
Paramount to manage Pico De Loro Beach & Country Club
Tuesday, September 25, 2007
Source:
Paramount Hotels & Facilities Management, Inc. was recently appointed by Costa Del Hamilo, Inc., a subsidiary of SM Investments Corporation, to manage Pico De Loro Beach & Country Club in Hamilo Coast, an eco-tourism development in Nasugbu, Batangas.
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