SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, will maintain its ₱100 billion capital expenditure (capex) budget for next year as it continues an aggressive expansion in the Philippines. “We will probably maintain the capex that we had this year, which...
SM Prime Holdings Inc., through its leisure-resort residences developer Costa Del Hamilo Inc., is investing ₱3 billion to develop M Village, a flagship eco-resort community at Hamilo Coast’s Marina Estates. SM Prime Chief Finance Officer John Nai Peng C. Ong said the company is launching M...
SM Leisure Resort Residences (SM LRR), a unit of integrated property developer SM Prime Holdings Inc. (SM Prime), is about to finish Scottsdale Villas and Redstone Condominiums, marking the completion of Horizon Terraces in Tagaytay Highlands. In a disclosure to the Philippine Stock Exchange (PSE),...
Sy-led SM Prime Holdings, Inc., one of Southeast Asia’s largest integrated property developers, has successfully raised $350 million from its inaugural US dollar-denominated debt offering in the bond market. The firm informed the Philippine Stock Exchange that it has priced the drawdown from its...
SM Prime Holdings Inc. (SMPH), one of Southeast Asia’s largest integrated property developers, is planning to raise a yet undetermined amount from the issuance of dollar-denominated notes to Asian and European investors. In a disclosure to the Philippine Stock Exchange (PSE), SM Prime Chief...
Investors eager to buy into the planned real estate investment trust of SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, will have to wait longer as the $1 billion initial public offering has been deferred to “beyond 2026.” During the Philippine Stock Exchange...
SM Prime Holdings, Inc., one of Southeast Asia’s leading integrated property developers, bagged six major awards at the 15th Asian Excellence Awards held by Corporate Governance Asia on June 27 in Hong Kong. In a statement, the firm said the recognition affirms SM Prime’s leadership in...
SM Investments Corp. (SMIC), the flagship of the Sy family, has been named by Hong Kong-based publication FinanceAsia as the best large cap company in the Philippines, based on its highly anticipated Best Companies Poll 2025. The conglomerate, which marked its 20th listing anniversary on the...
SM Prime Holdings Inc., the property development arm of Sy-led SM Investments Corporation, has set the interest rates for its ₱25 billion peso-denominated fixed rate bonds to be offered from Feb. 12 to Feb. 18, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the...
The Sy family’s SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has listed its latest P25-billion fixed rate retail bonds at the Philippine Dealing and Exchange Corp. (PDEx) on June 24, 2024. In the Photo (left to right): Daniel D. Camacho,...
SM Prime Holdings Inc., one of the leading integrated developers in Southeast Asia, is set to raise P25 billion following the setting of the interest rate for its Peso-denominated Fixed Rate Bonds. In a disclosure to the Philippine Stock Exchange, the firm said the bond issuance consists of Series...
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...
