Investors of SM Prime Holdings Inc. (SMPH) who bought shares during its initial public offering (IPO) in 1994 and held on to them for the next 30 years have now seen their investments balloon by 972.6 percent. (from left): SMPH Executive Committee Chairman Hans T. Sy, SMPH Vice Chairperson...
While the Sandiganbayan affirmed the conviction of businesswoman Janet Lim Napoles and former Association of Philippine Electric Cooperatives (APEC) partylist congressman Edgar de Leon Valdez in the misuse of the former legislator's P57.7 million pork barrel funds, the court modified the...
Masinloc Mayor Arsenia Lim (left), President Ferdinand Bongbong Marcos Jr. (MANILA BULLETIN) MASINLOC, Zambales--Mayor Arnesia Lim of this town says it's time for President Marcos to pay her back. "Kaya po ngayon po, ako ay maniningiil para sa...
The Sandiganbayan reset to June 21 the resolution of the demurrer to evidence filed by then Senate president and now Chief Presidential Legal Counsel Juan Ponce Enrile who sought the dismissal of his P172 million plunder case. The resolution of Enrile's demurrer, which had been allowed by the...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is slated to open of SM City Caloocan on May 17, Friday. The firm said in a disclosure to the Philippine Stock Exchange, that this is its third mall in Caloocan City, and its first in the northern...
Sy family-controlled SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, reported an 11 percent growth in consolidated net income to P10.5 billion in the first quarter of 2024 from the P9.4 billion generated in the same period last year. In a...
The Philippine karate team brought home six gold medals in the recent 11th Southeast Asian Karate Championships in Bangkok, Thailand. PH national karate team (Karate Pilipinas Sports Federation Inc.) Led by SEA Games and Asian Games medalist Sakura Alforte, the karatekas also bagged one silver and...
The Sy family’s SM Prime Holdings Inc., one of the largest integrated property developers in Southeast Asia, continues to be optimistic about the prospects of its mall business in China, particularly the Fujian province. SM Supermalls President Steven Tan “We still see a lot of potential for...
Lombard walk With record-breaking heat this season, people crave cooler environments not only to shield themselves from harsh realities but also to find solace and relaxation. The Philippines' high ranking on the 2023 World Risk Index underscores the urgency, as residents in hot cities are...
SM Prime Holdings Inc., one of the largest integrated developers in Southeast Asia, reported that its Board of Directors has approved the declaration of cash dividends amounting to P10 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the dividend is equivalent to...
The Sy family-controlled SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is not likely to push through with the $1 billion initial public offering (IPO) of its real estate investment trust this year due to adverse market conditions. SM Prime President...
The Bureau of Internal Revenue (BIR) is now selling condominium units in Manila tied to the realty firm operated by the children of incarcerated businesswoman Janet Lim-Napoles. In a notice of sale, the BIR said it will auction off six residential and one commercial condominium units owned by JCLN...
