SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is opening SM City Tuguegarao this Friday, November 18, 2022. It will its 82nd mall in the country. In a disclosure to the Philippine Stock Exchange, the firm said “This new mall is set to...
Investor sentiment in the local stock market is more upbeat and analysts expect share prices to continue climbing this week following positive economic data released last week and as more companies announced third quarter results. “So far, we’re seeing the bullish case for the local market...
SM Prime Holdings, Inc. (SM Prime), one of the leading property developers in Southeast Asia, has secured a long-term deal with Aboitiz Power Corporation for Cleanergy supply. In a statement, SM Prime said the deal paves the way in achieving its goal of increasing its renewable energy portfolio to...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 21 percent growth in consolidated net income to P14.1 billion in the first half of 2022 from the P11.6 billion earned in the same period last year. In a disclosure to the Philippine Stock...
One of the flagship programs of SM Foundation, the corporate social responsibility arm of the SM group, is its scholarship program. Aside from the college education offerings, the program also provides venues for students who would like to pursue a career in the skilled labor industry. The gradual...
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...
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...
