SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, reported a P6.5 billion consolidated net income in the first quarter of 2021, on the back of consolidated revenues amounting to P20.8 billion. In a disclosure to the Philippine Stock Exchange, the firm...
SM Prime Holdings, Inc. (SM Prime) is planning to launch 15,000 to 20,000 residential units this year to sustain the growth of subsidiary SM Development Corporation. In a statement, the firm said this is an addition to the three new malls it will open in 2021 as part of its P80 billion capital...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is subjecting its P80-billion capital expenditure budget for 2021 to a quarterly review. During the firm’s annual stockholders’ meeting, SM Prime President Jeffrey Lim said the regular review was...
Prime Certification and Inspection, a subsidiary of the United Arab Emirates - based Prime Group of Companies, has been recognized by the Saudi Food and Drug Authority (SFDA) and the only Philippine halal-certifying body authorized to give certification for food exports bound for the Kingdom...
Last January, SM Investments Corporation was one of 380 companies across 11 sectors included in the 2021 Bloomberg Gender-Equality Index (GEI). This was the second time SM was cited in the said index, which measures gender equality across five pillars: female leadership and talent pipeline, equal...
Just a few hours away from Manila is a 4.8-hectare agri-forest farm in Cavinti, Laguna. FarmShare Prime, as its owners say, “is a community-engaged farm in the Philippines. Setting itself as the center of the Backyard Animal Raising Technique for community profitability and sustainability.”...
SM Investments Corporation (SMIC) registered a net income of P23.4 billion last year, 48 percent lower than the P44.6 billion earned in 2019. Due to the impact of the COVID-19 pandemic, The firm’s consolidated revenues declined to P394.2 billion in 2020 from P502.0 billion in the year before....
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...
As a teenager, my only exposure to steak was at our French restaurant. It was a local cut of tenderloin steak with the bearnaise sauce. With onion rings on the side, it was my go-to dish every time I visited the restaurant. From there, I graduated to a more sophisticated steak as a student at...
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a P18.0 billion consolidated net income for 2020 versus P38.1 billion in the previous year. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenues...
Seven members of the SM Group of Companies, led by flagship SM Investments Corporation (SMIC), clinched 10 awards for their high scores in the recently concluded 2019 ASEAN Corporate Governance Scorecard (ACGS) assessments. For the 2019 ACGS Assessment, three award categories were recognized:...
SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, has listed its latest P10 billion Fixed Rate Bond Series M and N offering through a virtual listing ceremony. SM Prime Chief Finance Officer John Nai Peng C. Ong and Philippine Dealing & Exchange Corp....
