SM Prime Holdings Inc. reported that its Board of Directors has approved the declaration of cash dividends of P0.097 per share, amounting to P2.8 billion. In a disclosure to the Philippine Stock Exchange, the firm said all stockholders of record as of May 11, 2022 will be entitled to the dividend...
SM Prime Holdings Inc. is allotting a capital expenditure budget of P80 billion for this year to fund landbanking activities as well as the development of malls and residential projects. During the firm’s annual stockholders’ meeting, SM Prime President Jeffrey Lim said 20 percent of the capex...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has listed its P30-billion fixed rate bond at the Philippine Dealing and Exchange Corp. The firm said its Series P, Q and R due in 2027, 2029 and 2032, respectively, is the fourth tranche of SM Prime’s...
SM Prime Holdings, Inc. has pegged the interest rates for its retail bonds worth up to P20 billion that will be offered from April 7-13, 2022. In a disclosure to the Philippine Stock Exchange, SM Prime said it has set the rate for its Peso-denominated Series P, 5-year retail bond at 5.6141 per cent...
JERUSALEM, Undefined -- Israeli Prime Minister Naftali Bennett has tested positive for Covid-19, his office said Monday, after he met US Secretary of State Antony Blinken. Bennett, who met Blinken in Jerusalem on Sunday on the sidelines of a "historic summit" of Israeli and Arab diplomats, "is...
The topic of sustainability in property development has surged since the world experienced Covid-19. Having to redefine the use of spaces, people soon realized how instrumental real estate is in the journey toward a more sustainable way of life. With the threat of climate change looming in the...
WASHINGTON, United States -- Ireland's prime minister Micheal Martin tested positive for Covid-19 on Wednesday, the country's ambassador to the United States said, forcing him to leave a gala event attended by Joe Biden. Martin, who holds the position known as the Taoiseach in Ireland, is in...
SM Prime Holdings Inc., one of the leading integrated property developer in Southeast Asia, is planning to issue up to P30 billion in bond from the fourth tranche of its P100 billion debt securities program. Philippine Rating Services Corporation (PhilRatings) has assigned the highest issue credit...
A motorized banca carrying Cebu Governor Gwen Garcia and other government officials arrives in Pescador Island in Moalboal town, Cebu to signal the reopening of the popular diving spot on Sunday, Feb. 27. (Photo by Calvin D. Cordova/MANILA BULLETIN) CEBU CITY — A popular diving spot in Cebu...
As part of its commitment to the community and the environment, SM Prime Holdings, Inc. (SM Prime), together with the Department of Science and Technology (DOST), recently launched a series of mall exhibits on sustainability and disaster resilience. The kick-off event was held last Feb. 24, 2022 at...
