Climate change is one of the most pressing and defining global issues today. It has become imperative for both the public and private sectors to continue to band together to primarily safeguard the welfare of the people and to step up to strengthen the resilience of the nation. The Philippines...
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...
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...
