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SM Investments Full-Year 2006 Profits Up by 32% to Php10.6 billion
Tuesday, March 13, 2007
Source: SMIC
Holding company, SM Investments Corporation (SM) reported full-year 2006 profits of Php10.6 billion, up by 31.7%. Excluding extraordinary items, net recurring income of SM grew strongly by 20% to Php7.1 billion. EBITDA increased by 33% to Php19.6 billion, for an EBITDA margin of 22%.
SM Retail Group Opens Bacolod Department Store and Hypermarket
Wednesday, February 28, 2007
Source: SM Prime Holdings Inc.
The retail group of holding company SM Investments Corporation (“SM") will open on 02 March 2007 its 30th SM Department Store and its 10th SM Hypermarket in Bacolod City. These events will coincide with the opening of SM City Bacolod, where the two SM retail outlets are the mall’s main anchor stores.
SM execs, Baguio officials mark groundbreaking of 2nd BPO facility at SM Baguio Cyberzone
Friday, February 23, 2007
Source: SMIC
SM Investments Corporation (“SM") recently broke ground for its second business process outsourcing (BPO) building for PeopleSupport at the SM Baguio Cyberzone.
In the event, SMIC Vice Chair Henry Sy, Jr. remarked, “The Philippines has seen a tremendous growth in the BPO/Contact Center industry in just a few years of its development, providing significant job opportunities to our educated and skilled labor force."
SM Prime Reports 10% Increase in 2006 earnings to Php 5.45 bn
Wednesday, February 21, 2007
Source: SM Prime Holdings Inc.
SM Prime Holdings, Inc. (“SM Prime") reported a 10% growth in its 2006 net income of Php 5.45 billion, as operating revenues of Php 13.2 billion increased by 21% over that of the previous year. EBITDA stood at Php 9.3 billion for an increase of 24%.
SM Investments Successfully Launched and Priced Convertible Bonds
Thursday, February 8, 2007
Source: SM Investments Corp.
SM Investments To Issue US Dollar 200m Convertible Bonds
Friday, January 12, 2007
Source: SMIC
SM Investments Corporation (“SM") announced today that its Board of Directors approved the issuance of US Dollar 200million worth of 5-year convertible bonds. SM will use the proceeds of the offering to refinance a portion of its maturing obligations and for general corporate purposes.
SM Christens Manila Bay Property as SM BayCity
Monday, December 18, 2006
Source: SM Investments Corporation
SM Investments Corporation ("SM") announced today that it has christened its urban development project in front of the Manila Bay as "SM BayCity".
BDO Capital Cited by Finance Asia Magazine as Best in the Industry
Friday, September 22, 2006
Source: BDO
BDO Capital & Investment Corporation (BDO Capital) was awarded by Finance Asia magazine as the "Best Investment Bank" and "Best Equities House" in the Philippines in its recent 2006 Country Awards for Achievement in Hong Kong.
SM Group Files Tender Offer for Equitable PCI Bank Shares
Tuesday, August 29, 2006
Source: SM Investments Group
Today, August 29, 2006, the Board of Directors of SM Investments Corp. (“SMIC") approved the filing of a Tender Offer Report, in consortium with its affiliates, with the Securities and Exchange Commission with respect to its plan to purchase the remaining shares of common stock of Equitable PCI Bank, Inc. (“EPCIB").
SM Prime Opens its 26th Mall in Pasig
Friday, August 18, 2006
Source: SM Prime Holdings Inc.
SM Prime Holdings, Inc. (“SM Prime"), will open on August 19 its 26th mall in Pasig. SM Supercenter Pasig has as its main anchor, the SM Hypermarket which has a balanced mix of food and non-food items at highly affordable prices.
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