SM Prime Accelerates Expansion with Opening of 58th Mall in the Country

Pasay—(PHStocks)—SM Prime Holdings Inc. (PSE: SMPH), one of the leading integrated property companies in Southeast Asia, opens its newest mall, SM City Trece Martires, on May 13, 2016, its 58th in the country. This is also the fifth mall in the province of Cavite after the successes of SM City Bacoor, SM City Dasmariñas, SM […]
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Shopping Frenzy Spurs PH Mall Owners to Add Record Space

Philippine builders like SM Prime Holdings Inc. (PSE: SMPH) and Ayala Land Inc. (PSE: ALI) can’t add retail space fast enough to satisfy demand from Southeast Asia’s most-confident consumers that pack Manila’s malls. Related Articles:PHStocks Exclusive: Top 50 Stock Price Gainers in AugustPH Stocks Breach 6,900PH Stocks End LowerPH Stocks Down on Profit TakingPH Stocks Surge […]
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SM Unveils New Regional Landmark in Cebu City

Pasay—(PHStocks)—SM Prime Holdings Inc. (PSE: SMPH), one of the leading integrated property companies in Southeast Asia, opens its new regional landmark, SM Seaside City Cebu, on November 27, 2015. It is SM Prime’s 56th mall in the country, and the third mall within Cebu – along with SM City Cebu and SM City Consolacion. The […]
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SM Prime Gets Best Developer Award at Philippines Property Awards 2015

Pasay—(PHStocks)—SM Prime Holdings Inc. (PSE: SMPH) won the Best Developer Award at the recent Philippines Property Awards 2015 held at the Raffles and Fairmont Hotel in Makati last 9 July 2015. This makes SM Prime the Philippine entry to compete on October 2015 in Singapore against other developers coming from China, Singapore, Malaysia, Indonesia, and Vietnam. Related […]
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PH Stocks Down for Second Session on Profit Taking

Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index was down for a second session Tuesday, January 20, as profit taking continued amid new highs last week. The PSEi closed today’s trading at 7,452.81, a 0.43% decline from yesterday’s finish. PSEi closed last week’s trading at 7,490.88 (14 January)—a new high for this year—before the local stock market […]
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Property-related Businesses of SMIC to be Consolidated Under SM Prime

Pasay—(PHStocks)—The Boards of Directors of SM Investments Corporation (SMIC) and SM Prime Holdings, Inc. (SM Prime) approved today plans to consolidate the property-related businesses of SMIC, under SM Prime, the Philippines’ leading shopping mall owner and operator. The proposed consolidation involves a series of steps. The first step consists of exchange offers (the “Exchange Offers”) […]
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SM 2011 Net Income Expands 15% to PhP21.2B

Pasay–(PHStocks)–Philippine conglomerate SM Investments Corp. (PSE: SM) reported a 15% growth in net income for 2011 of PhP21.2 billion from PhP18.4 billion last year. Consolidated revenues increased by 13% to PhP200.7 billion, compared with PhP177.2 billion in 2010. SM’s healthy revenue and profit growth during the year was a result of the strong performance by its core […]
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