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PHILIPPINES: SM Investments Corporation announces key organizational changes

Pasay City, Philippines, 2017-Apr-27 — /EPR Retail News/ — The Board of Directors of SM Investments Corporation (SM) announced key organizational changes that will support the company’s next phase of growth. The Board has already conferred upon Mr. Henry Sy, Sr. the role of Chairman Emeritus, in recognition of his role as the founder of SM and…
April 27, 20170Comments

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Top awards for SM Investments Corporation at the 9th Annual Global Corporate Social Responsibility (CSR) Summit & Awards held in Malaysia

Pasay City, Philippines, 2017-Apr-21 — /EPR Retail News/ — SM Investments Corporation (SM) won two top awards at the 9th Annual Global Corporate Social Responsibility (CSR) Summit & Awards held in Malaysia on March 30 to 31. SM was the only Philippine company that bagged two platinum awards for the categories Best Corporate Communications & Investor…
April 21, 20170Comments

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PHILIPPINES: SM Investments Corporation acquires 34.5% stake in 2Go Group

Pasay City, Philippines, 2017-Apr-03 — /EPR Retail News/ — SM Investments Corporation (SMIC) completed the acquisition of a minority stake in 2Go Group via a 34.5% stake in its parent company. 2Go is the country’s largest integrated supply chain operator whose businesses include shipping, freight forwarding, warehousing, and express delivery services. “We are pleased with this opportunity…
April 3, 20170Comments

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PHILIPPINES: SM Investments Corporation honored with seven awards during the 12th Corporate Governance Asia Recognition Awards 2016

PHILIPPINES: SM Investments Corporation honored with seven awards during the 12th Corporate Governance Asia Recognition Awards 2016   Pasay City, Philippines, 2017-Mar-24 — /EPR Retail News/ — SM Investments Corporation (SM) and its subsidiaries received seven awards from Hong Kong-based publication Corporate Governance (CG) Asia during the 12th Corporate Governance Asia Recognition Awards 2016 organized by the magazine. SM…
March 24, 20170Comments

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PHILIPPINES: SM Investments Corporation announces an 8% growth in net income to PHP31.2 billion in 2016

Pasay City, Philippines, 2017-Mar-02 — /EPR Retail News/ — SM Investments Corporation (SM) reported an 8% growth in net income to PHP31.2 billion in 2016. Property accounted for 39% of total earnings, with banks comprising 37% and retail 24%. "Our core businesses performed well and continue to grow in line with the country's strong economic development. We…
March 2, 20170Comments

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SM Investments Corporation reports consolidated net income growth of 11% for the first nine months of the year

Pasay City, Philippines, 2016-Nov-09 — /EPR Retail News/ — SM Investments Corporation (SM) reported an 11% growth in its consolidated net income to PHP22.0 billion for the first nine months of the year. Recurring net income, net of one-time items, grew 9%.  Consolidated revenues grew 9% to PHP252.4 billion for the period from PHP230.8 billion. “Our core…
November 9, 20160Comments

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Philippines: SM Investments Corporation announces that PhilRatings assigned a PRS Aaa rating to its proposed bond issue

Pasay City, Philippines, 2016-Sep-28 — /EPR Retail News/ — SM Investments Corporation announced that the Philippine Rating Services Corporation (PhilRatings) assigned a rating of PRS Aaa to SMIC’s proposed bond issue of P15.0 Billion, with an over subscription option of P5.0 Billion, for a maximum aggregate amount of P20.0 Billion. The bonds are part of the…
September 28, 20160Comments

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Philippines: SM Investments Corporation approved Fixed Rate Bond Program with principal amount of Php50 Billion

Pasay City, Philippines, 2016-Sep-22 — /EPR Retail News/ — SM Investments Corporation announced today (September 21, 2016) that its Board of Directors approved a Fixed Rate Bond Program with a principal amount of Php 50 Billion under the 3-year shelf registration facility of the Securities & Exchange Commission. Initial issuance under this program is expected later…
September 22, 20160Comments

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SM Investments Corporation named one of the best managed companies by Hong Kong-based magazine Alpha Southeast Asia

SM Investments Corporation named one of the best managed companies by Hong Kong-based magazine Alpha Southeast Asia   Pasay City, Philippines, 2016-Sep-05 — /EPR Retail News/ — Hong Kong-based magazine Alpha Southeast Asia named SM Investments Corporation (SM) as one of the best managed companies in the country in a recent poll among investors and analysts in Southeast…
September 5, 20160Comments

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PHILIPPINES: SM Investments Corporation records 11% consolidated net income growth for H1 2016

Pasay City, Philippines, 2016-Aug-05 — /EPR Retail News/ — SM Investments Corporation (SM) posted consolidated net income of PHP15.0 billion for the January to June period, a growth of 11% over last year. Excluding extraordinary items, recurring income grew by 8%. Consolidated revenues rose 8.5% to PHP151.1 billion in the first half from PHP139.2 billion in the…
August 5, 20160Comments

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SM Investments Corporation won awards from Hong Kong-based magazine Corporate Governance Asia

Pasay City, Philippines, 2016-Jun-29 — /EPR Retail News/ — SM Investments Corporation (SM) and its subsidiaries won awards from Hong Kong-based publication Corporate Governance Asia during the 6th Asian Excellence Recognition Awards 2016 organized by the magazine. SM and its subsidiaries SM Prime Holdings, Inc. (SM Prime), BDO Unibank, Inc. and China Banking Corporation (China Bank) were chosen as awardees…
June 29, 20160Comments

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PHILIPPINES: SM Investments Corporation releases its 2015 Environmental, Social and Governance Report

Pasay City, Philippines, 2016-May-02 — /EPR Retail News/ — SM Investments Corporation (SM), the country’s largest conglomerate, has reported significant progress in its sustainability practices which involves its operations, social development programs and environmental conservation efforts. These efforts are disclosed in SM’s 2015 Environmental, Social and Governance Report released on April 27 during the company’s…
May 2, 20160Comments

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SM Investments Corporation wins two Anvil Awards for its Annual and ESG Reports

Pasay City, Philippines, 2016-Mar-04 — /EPR Retail News/ — SM Investments Corporation (SM) won two awards for its annual report and maiden Environmental Social and Governance (ESG) Reports during the Public Relations Society of the Philippines’ (PRSP) Gabi ng Parangal 51st Anvil Awards held recently. SM’s first 2014 ESG report with the theme, “Working Together for a…
March 4, 20160Comments

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SM Investments Corporation turns over new building to the University of the Philippines Professional Schools at Bonifacio Global City in Taguig

Pasay City, Philippines, 2016-Mar-02 — /EPR Retail News/ — SM Investments Corporation (SM) has turned over a nine-level building to the University of the Philippines (UP) Professional Schools at Bonifacio Global City in Taguig. The new satellite campus spans a total floor area of 12,000 square meters  and houses 29 classrooms; three computer laboratories; a study area…
March 2, 20160Comments

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Business Management Retail Retailer

Philippines: SM Investments Corporation approves merger of SM Retail Inc. with several related retail companies

Pasay City, Philippines, 2016-Feb-29 — /EPR Retail News/ — Today the Board of Directors of SM Investments Corporation (SM) approved the merger of its retail arm, SM Retail Inc. (SM Retail) with several related retail companies. The related companies operate leading local retail chains including Ace Hardware, SM Appliance Center, Homeworld, Our Home, Toy Kingdom, Watsons,…
February 29, 20160Comments

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Philippines: SM Investments Corporation report 13% growth in recurring net income in 2015

Pasay City, Philippines, 2016-Feb-29 — /EPR Retail News/ — SM Investments Corporation (SM) reported a 13% growth in recurring net income in 2015. Consolidated net income stood at PHP28.4 billion in 2015, posting the same level as last year. Consolidated revenues grew 7% to PHP295.9 billion for the period. “Our strong underlying earnings growth in 2015 was due to…
February 29, 20160Comments

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SM Investments Corporation receives Platinum Award from Hong Kong-based magazine The Asset for the 7th Year

SM SVP for Finance Franklin Gomez receives The Platinum Award for excellence in corporate governance, corporate social responsibility and investor relations on behalf of the company.   Pasay City, Philippines, 2015-12-21 — /EPR Retail News/ — SM Investments Corporation (SM) was cited anew by Hong Kong-based magazine The Asset as a winner of the Platinum Award, the highest award…
December 21, 20150Comments

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SM Vice Chair Teresita Sy-Coson awarded for her vision and management excellence by BizNews Asia

Pasay City, Philippines, 2015-12-11 — /EPR Retail News/ — SM Investments Corporation (SM) Vice Chair Teresita Sy-Coson was awarded for her vision and management excellence by BizNews Asia, one of the country’s most influential weekly business and news magazines. BizNews Asia’s citation for Sy-Coson stated that she led SM and BDO Unibank, Inc. into becoming “huge,…
December 11, 20150Comments

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Philippines: SM Investments Corporation announced 7% growth in consolidated net income for the first nine months of the year

Pasay City, Philippines, 2015-11-04 — /EPR Retail News/ — SM Investments Corporation (SM) reported a 7% growth in consolidated net income to PHP19.4 billion for the first nine months of the year. Excluding extraordinary items, recurring net income grew 12%. Consolidated revenues grew 7% to PHP206.2 billion for the period. “Our strong results year-to-date reflect our ongoing focus…
November 4, 20150Comments

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Philippines: SM Investments Corporation with five awards from international magazine Alpha Southeast Asia

Pasay City, Philippines, 2015-9-3 — /EPR Retail News/ — SM Investments Corporation (SM) bagged five awards from international magazine Alpha Southeast Asia. SM topped in three categories under the 5th Annual Southeast Asia’s Institutional Investor Awards for Corporates. These are Most Organised Investor Relations for the fifth year in a row; Best Senior Management Investor Relations Support;…
September 3, 20150Comments

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SM Investments Corporation reported consolidated net income of PHP13.5 billion for the January to June period, 10% increase over last year

Pasay City, Philippines, 2015-8-6— /EPR Retail News/ — SM Investments Corporation (SM) reported consolidated net income of PHP13.5 billion for the January to June period, an increase of 10% over last year. Excluding extraordinary items, recurring income grew by 13% during the first half of 2015. Consolidated revenues were up 6% to PHP138.9 billion in the first…
August 6, 20150Comments

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SM Investments Corporation bags five awards from Alpha Southeast Asia magazine

Pasay City, Philippines, 2015-7-23 — /EPR Retail News/ — SM Investments Corporation (SM) bagged five awards from Alpha Southeast Asia magazine based on a poll of investors. SM topped four categories under the 5th Annual Southeast Asia’s Institutional Investor Awards for Corporates. These are Most Organised Investor Relations for the fifth year in a row; Best Senior…
July 23, 20150Comments

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SM Investments Corporation and its subsidiaries honored at Asia’s 5th Asian Excellence Recognition Awards 2015

Pasay City, Philippines, 2015-4-20 — /EPR Retail News/ — Philippine conglomerate SM Investments Corporation (SM) and its subsidiaries recently received awards from Hong Kong-based publication Corporate Governance Asia’s 5th Asian Excellence Recognition Awards 2015. Under the CG Asian Excellence Awards, SM and its subsidiaries, SM Prime Holdings, Inc. (SM Prime), BDO Unibank, Inc. (BDO) and China Banking…
April 20, 20150Comments

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SM Investments Corporation marked its 10th year as publicly-listed company in the Philippine Stock Exchange

Pasay City, Philippines, 2015-3-31 — /EPR Retail News/ — SM Investments Corporation (SM) today marked its 10th year as a publicly-listed company in the Philippine Stock Exchange. SM listed on March 22, 2005 with an adjusted price of PHP 191 per share. As of March 26, SM closed at PHP888 apiece, representing a growth of 365%. In his…
March 31, 20150Comments

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SM Investments Corporation (SM) reports 14.4% increase in recurring net income

Pasay City, Philippines, 2015-3-5 — /EPR Retail News/ — SM Investments Corporation (SM) reported a record net income in 2014 of PHP28.4 billion. Excluding extraordinary items, recurring net income grew 14.4%. SM’s underlying earnings growth was mainly driven by BDO Unibank, Inc., which posted a core income growth of 18%. Together with China Banking Corporation, banks accounted…
March 5, 20150Comments

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SM Investments Corporation Chairman Henry Sy, Sr. awarded a Lifetime Achievement Award by CNBC at the St Regis hotel in Singapore

Pasay City, Philippines, 2014-11-12— /EPR Retail News/ — Henry Sy, Sr., Chairman of SM Investments Corporation (SM) and founder of the 56-year old company was awarded by top CNBC officials a prestigious Lifetime Achievement Award at a well-attended ceremony at the St Regis hotel in Singapore. Known as the Father of Philippine Retail, Sy successfully built SM into…
November 12, 20140Comments

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SM Investments Corporation reported PHP18.2 billion net income for the first nine months of 2014

Pasay City, Philippines, 2014-11-6— /EPR Retail News/ — SM Investments Corporation (SM) reported a net income of PHP18.2 billion for the first nine months of 2014 from PHP18.6 billion during the same period last year. Consolidated revenues grew 7.7% to PHP193.2 billion in the period ended September 30 from PHP179.4 billion in the same period last…
November 6, 20140Comments

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SM Investments Corporation presented at the recent by-invitation only Forbes Global CEO Conference in Singapore

Teresita Sy-Coson, Vice-Chairperson of SM Investments Corporation Reiterates the Case for Investing in the Philippines Pasay City, Philippines, 2014-11-3— /EPR Retail News/ — Proudly bearing the Philippine flag last October 29, 2014 in Singapore at the recent by-invitation only Forbes Global CEO Conference, SM Investments Corporation Vice Chairperson Teresita Sy-Coson made a case for investments in the Philippines and reiterated…
November 3, 20140Comments

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SM Investments Corporation cited as the Region’s Best Borrower in the Philippines based on research poll by Hong Kong magazine Finance Asia

Pasay City, Philippines, 2014-11-3— /EPR Retail News/ — SM Investments Corporation (SM) was cited as the Region’s Best Borrower in the Philippines based on a research poll by Hong Kong magazine Finance Asia. The award was presented during the 2014 FinanceAsia Fixed Income Poll Awards dinner on October 29 in Singapore. “We are pleased to accept this award which…
November 3, 20140Comments

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