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PHILIPPINES: SM Group honored with 10 awards at the Corporate Governance Asia magazine’s 7th Asian Excellence Award

PHILIPPINES: SM Group honored with 10 awards at the Corporate Governance Asia magazine’s 7th Asian Excellence Award


JW Marriott Hotel, Hong Kong, 2017-Jun-21 — /EPR Retail News/ — SM Investments Corporation (SM) and its subsidiaries bagged 10 awards from Hong Kong-based Corporate Governance Asia magazine in its 7th Asian Excellence Award held at the JW Marriott Hotel in Hong Kong last June 9.

SM and its subsidiaries SM Prime Holdings, Inc. (SM Prime), BDO Unibank, Inc. (BDO) and China Banking Corporation (China Bank) were chosen as awardees from the Philippines. The 7th Asian Excellence Award 2017 is touted as Asia’s biggest event on IR and Governance awards in Asia in the past seven years.

The magazine recognized SM Director and former President Harley T. Sy, BDO Chairperson Teresita T. Sy-Coson, BDO President Nestor Tan, SM Prime Holdings President Jeffrey Lim and China Bank President Ricardo Chua as Asia’s Best Chief Executive Officers or CEOs.

Cited as Asia’s Best CFO are former SM CFO Jose Sio, now wearing the hat of Chairman and BDO EVP and Treasurer Pedro Florescio III.

SM, SM Prime, BDO, and China Bank bagged Best IR Company including Best Corporate Communications (for SM and BDO), Best Environmental Responsibility (for SM Prime) and Best IR Professionals for SM SVP for Investor Relations and Corporate Communications Corazon Guidote, BDO SVP for IR and Corporate Planning Luis Reyes, Jr. and China Bank SVP for IR and Corporate Relations Alexander Escucha. This is the 6th year that SM clinched the Best IR and Best IR Professional awards.

The Asian Excellence Awards are designed to recognize the achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations of Asian companies. Since its inception in 2011, CG Asia has bestowed accolades on the Best CEO, Best CFO, Best Corporate Social Responsibility, Best Environmental Practices, Best Investor Relations, Best Investor Relations Professionals and Best Financial Public Relations Companies.

Corporate Governance Asia is now read by 12,000 of the most important companies in Asia and provides incisive editorial content with extensive coverage on the latest and current developments, legislation, case studies and various analyses relating to corporate governance practices in Asia.

About SM Investments Corporation
SM Investments Corporation is a leading Philippine company that is invested in market leading businesses in retail, banking and property. It also invests in ventures that can capture high growth opportunities in the emerging Philippine economy. It looks for market leaders or those with potential to become leaders in their chosen sectors that offer synergies and attractive returns and cashflows.

SM’s retail operations are the country’s largest and most diversified with its food, non-food and specialty retail stores. SM’s property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels and convention centers as well as tourism-related property developments. SM’s interests in banking are in BDO Unibank, Inc. (BDO), the country’s largest bank and China Banking Corporation (China Bank), the 7th largest bank.

For more about SM, click here:

For further information, please contact:

Ms. Corazon P. Guidote
Senior Vice President for Investor Relations
SM Investments Corporation
Tel. No. (632) 857-0117

Source: SM Investments Corporation


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