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...
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...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 21 percent growth in consolidated net income to P21.8 billion last year from P18.0 billion in 2020. In a disclosure to the Philippine Stock Exchange, the firm said this is on the back of the...
SM Prime Holdings Inc. reported that it has reached an important milestone—breaching six million COVID-19 jabs administered through its mall network nationwide as part of its strong support of the country’s recovery agenda and vaccination drive. In a statement, SM Supermalls said it has...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, is opening SM City Grand Central in Caloocan on Nov. 26, 2021, Friday. In a disclosure to the Philippine Stock Exchange, the firm said this latest development will add more than 116,000 square meters (sqm)...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, has successfully listing its P10 billion Retail Bond Series O at the Philippine Dealing & Exchange Corp. (PDEx). In a statement, the firm said SM Prime Chief Finance Officer John Nai Peng C. Ong and...
SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported a 9 percent improvement in consolidated net income to P15.6 billion in the first nine months of 2021 from P14.4 billion in the same period last year. In a disclosure to the Philippine Stock...
