SM Investments Corporation (SM) is a dominant and dynamic conglomerate with major investments in retail, banking and property in the Philippines.
Founded by Chairman Henry Sy, Sr., SM is a highly focused and synergistic group that continues to expand at an unparalleled scale in the Philippines with the view to tap into the growth potential of its core markets. Its growing presence in China and in non-core businesses such as mining, entertainment and tourism provide venues to explore new markets, and create opportunities for further growth, and shareholder value creation.
In just five and a half decades, SM has become one of the largest market capitalized companies listed on the Philippine Stock Exchange, a testament to its ability to deliver steady high earnings and asset growth, sound financial management, long-term sustainability, and a comprehensive development program for its host communities that creates value for all its stakeholders.
SM owns 50% of property conglomerate SM Prime Holdings (SM Prime) which operates malls nationwide as well as in China, providing a fully integrated shopping, dining and entertainment experience. The company also offers residences, commercial buildings, resorts, hotels and convention centers. In the residential business, SM Prime has redefined the market by providing affordable homes with five-star amenities in convenient locations. Its residential projects under SM Development Corp. are completed in a timely manner.
Aside from malls and residences, SM Prime owns Tagaytay Highlands an upscale residential development and golf resort, and also owns Pico de Loro, a large-scale ecotourism and leisure project. The company has hotels in Cebu, Davao, Pampanga,and Manila and convention centers in Taguig, Bacolod, Davao and Manila.
SM holds 77% of SM Retail, Inc. which operates THE SM STORE as well as food retail stores under SM Markets consisting of SM Supermarket, SM Hypermarket, Savemore and through a joint venture, Walter Mart stores nationwide.
In banking, SM owns 44% of BDO Unibank, Inc., the country’s largest bank, and 20% in China Banking Corporation, an established universal bank and the first privately-owned commercial bank in the Philippines.