sm investments corp - updates

Rappler's latest stories on sm investments corp


Phoenix boss Dennis Uy replaces Tagud as head of 2GO

Apr 10, 2017 - 7:07 PM

The Davao based Uy also serves as the chairman of Udenna Corporation the parent firm of Phoenix Petroleum Corporation and Chelsea Logistics Corporation

NEW CHIEF. Dennis Uy replaces Sulficio Tagud Jr. as president and CEO of 2GO's parent firm, NENACO. Photo of Uy from Apex Mining website

Jollibee owner’s property firm to build second mall in Cebu

Jun 09, 2014 - 12:32 PM

The mall is part of the 100 malls planned between now and 2020

TO RISE. The second CityMall will be located in Colon, downtown Cebu area. Photo from DoubleDragon's Facebook page.

SM interested in partnering with San Miguel for $10-B airport

May 20, 2014 - 4:40 AM

Will the Philippines have a new modern airport? Two of the country s biggest companies are eyeing the project

MOVING OUT. Some foreign airlines are moving to the NAIA Terminal 3 from Terminal 1 as part of efforts to ease congestion in the main Manila airport. File photo by AFP/Jay Directo

SM, Jollibee enter joint venture for 'community' malls

Feb 17, 2014 - 6:18 PM

SM signs an investment agreement to acquire 34 of CityMall Commercial Center Inc partly owned by Jollibee Foods Corporation

JOINT VENTURE. SM Investments Corp acquired a 24% interest in CityMall, an arm of Jollibee and Injap Investments' DoubleDragon properties

SMIC, Ayala, Jollibee share buy back plans

Aug 29, 2013 - 7:57 AM

Blue chips SMIC and Ayala Corp have no plans to buy back their shares despite recent steep drop in the stock market but Jollibee is considering it

Tan, Zobel, Ty firms post higher profits

Aug 14, 2013 - 7:53 AM

Conglomerates owned by 3 of the 50 richest people in the Philippines based on a Forbes list post double digit profit growth rates in January to June 2013

Banking boosts profit of Henry Sy's SM

Aug 08, 2013 - 10:02 AM

First half earnings of SM Investments jump 16 to P12 6 B


SM to host automated weather stations

Jul 21, 2013 - 8:56 AM

Select SM Supermalls will be hosting 49 automated weather stations as part of efforts to promote monitor weather conditions

A giant globe adorns the SM Mall of Asia in Manila, 20 May 2006. Photo by AFP/Joel Nito

SM group eyes regional expansion

Jun 01, 2013 - 7:04 PM

The SM group wants to use their existing mixed use and integrated establishments as template for their future ventures

BIGGER TARGET. Sy-led SM Group wants to be a regional real estate powerhouse. Photo taken during the May 31 press briefing of SM Investments Corp with brothers Hans Sy (2nd from left) and Henry Jr. (3rd from left) by Lean Santos/Rappler

SM group creates property behemoth

May 31, 2013 - 12:13 PM

The Sy led SM Group consolidates its mall and property units and dislodges Ayala Land as the biggest property group in the Philippines

Sy-led SMIC posts 22% jump in Q1 earnings

Apr 25, 2013 - 4:08 PM

The company attributed the increase to higher earnings from its banking mall and property businesses

UP AND UP. Shoppers walk past a logo of the Philippines' largest shopping mall operator Shoe Mart (SM) in one of their stores in Manila. AFP Photo

Atlas Mining Q1 earnings surge on lower costs

Apr 24, 2013 - 10:35 AM

Lower costs offset weak copper prices during the period

Photo from Atlas Mining website

SM to finalize investment in Waltermart soon

Apr 15, 2013 - 12:46 PM

One of the strategies of the Sy group to counter the aggressive expansion of Lucio Co led retailer Puregold is proceeding well

Henry Sy sells shares in SMIC

Apr 11, 2013 - 6:45 PM

Henry Sy Sr the country s richest man further reduces his personal stake in SM Investments Corp to 1 39

Sy-led SM Investments' 2012 profit up 16.3%

Mar 06, 2013 - 2:02 PM

All core businesses deliver strong results

Shoppers walk past a logo of the Philippines' largest shopping mall operator Shoe Mart (SM) in one of their stores in Manila. AFP Photo

SM firms' shares soar after 'merger' news

Feb 20, 2013 - 9:45 PM

They helped pull the PSE index to its 19th record close this 2013

Photo by AFP

Merger of SM units may dislodge Ayala Land

Feb 20, 2013 - 11:21 AM

The SM group is studying proposals to merge mall and property development units into a super company that may topple Ayala Land as Philippines largest real estate firm

Sy-led SMDC profits hit P4.9-B in 2012

Feb 20, 2013 - 10:33 AM

The property development unit of the Henry Sy group earned P4 9 billion in 2012 a 17 5 increase

SM, Waltermart in joint venture

Jan 07, 2013 - 5:54 PM

SM enters into the joint venture deal through subsidiaries SM Retail and SM Prime Holdings

Why Sy-led SMIC overtook MVP-led PLDT as PH's most valuable firm

Jan 03, 2013 - 11:37 AM

SM Investments surpasses PLDT as the most valuable stock in the market

Sy-led SMIC partners with Chevron, MVP group for power, infra deals

Dec 14, 2012 - 4:48 PM

The holding firm of mall magnate Henry Sy Sr the country s richest man confirmed it has stakes in a geothermal unit of Chevron and the tollway unit of Manuel V Pangilnan group and is interested in bidding for the NAIA Expressway Project

NAIA EXPRESSWAY. The highway project is among the government's first large-scale public-private partnership projects.

Sy-led SMIC still in the race for Ortigas' land deal

Dec 05, 2012 - 10:22 AM

The Sy business group remains keen in staying in the race for the remaining large landbanks in Metro Manila

SM Development 9-mo income rises 43% to P16-B

Nov 07, 2012 - 4:26 PM

The residential developer of tycoon Henry Sy says revenues from real estate sales soared 42

Sy-led SMIC raises another P6.4-B from share sale

Oct 22, 2012 - 11:57 AM

In another round of fund raising listed holding firm SM Investments Corp SMIC raised about P6 4 billion from a recent share sale

Cash-rich SM group eyes more China deals, still keen on Ortigas

Jul 16, 2012 - 9:16 PM

With its cash pile of about P40 billion est US 1 billion the holding firm of the country s richest family is keen on investment opportunities including 5 land deals in China and the interrupted venture with the owner of one of the biggest landbanks in the metro

Ayala, Sy, Gokongwei to join Aquino in US, UK trips

Jun 04, 2012 - 8:27 PM

About 26 top Filipino businessmen are part of the delegation that will accompany President Aquino in his visits to the United Kingdom and United States from June 4 to 10

Okada, other Pagcor City investors to pay for NAIA Expressway

Mar 21, 2012 - 11:50 PM

Controversial Japanese billionaire Kazuo Okada will be among the private investors financing the expressway leading to Pagcor City

NAIA EXPRESSWAY. The highway project is among the government's first large-scale public-private partnership projects.