On July 23, SM Prime Holdings, Inc. proudly commemorated its 30th
anniversary as a publicly listed company at the Philippine Stock Exchange, BGC,
marking three decades of service and transformative growth in the Philippine
real estate industry. Founded in 1994 by the visionary Henry Sy, SM Prime has
remained steadfast in its mission to develop world-class shopping, dining,
entertainment, residential, and amusement destinations throughout the country
and beyond.
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| Celebrating 30 Years of Transformative Growth: SM Prime Holdings Chairman Mr. Henry T. Sy, Jr. proudly receives the 30th Listing Anniversary Plaque from Philippine Stock Exchange President and CEO Mr. Ramon S. Monzon, marking three decades of groundbreaking innovation, service, and shared prosperity in the Philippine real estate industry. |
Reflecting on the Journey
From the initial offering of four malls, SM Prime has expanded into a
dominant force in Southeast Asia’s property sector. The company now has a
multi-sector Philippine portfolio of 22 lifestyle cities that include 91
residential developments, 86 malls, 22 office towers, 10 hotels and 8
convention centers. This robust growth trajectory has been fueled by the trust
and support of its investors and the flourishing capital market provided by the
Philippine Stock Exchange. Incorporated in January 1994, SM Prime has remained
committed to shared prosperity. Raising approximately PHP 5.89 billion (US$221
million) during its IPO, SM Prime is now one of the most active stocks in the
Philippine market, alongside its parent company SM Investments Corp., and
subsidiaries BDO and Chinabank.