Tag: SM Investments

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SMIC sees shares as undervalued amid growth prospects

SM Investments Corp. (SMIC), the flagship investment holding firm of the Henry Sy Group, believes its shares are “significantly undervalued” considering the company’s strong financial performance and long-term growth potential.

Diverse ventures, one mission: SM Group empowers workforce in evolving market

SM Investments Corp., the powerhouse behind one of the Philippines’ largest conglomerates, is harnessing its vast and varied ecosystem to meet the evolving demands...

SM Investments P6.2B share-for-property swap with unit ICDC gets SEC nod

SM Investments Corp., the flagship investment holding company of the Sy Group, said Friday it has secured Securities and Exchange Commission approval for the valuation of the sprawling Muntinlupa City property it will acquire from subsidiary Intercontinental Development Corp.

SM Investments strengthens market leadership with bond success

SM Investments Corporation (SM Investments), the parent company of the SM Group, continues to reinforce its leadership in the Philippine market with significant growth across retail, banking, and integrated property sectors.

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Alsons Power bullish on PH retail energy sector amid rule changes

Alsons Power Group sees strong growth ahead for its retail electricity supply business, following recent regulatory changes that open the market to more users.

ERC suspends grid delivery fee for energy storage during emergencies

The Energy Regulatory Commission has approved the temporary waiver of delivery service charges for energy storage systems during declared national energy emergencies.

First Gen confirms $5B non-binding offer for EDC from Indonesian firm

First Gen Corp. has disclosed to the Philippine Stock Exchange that Indonesian company PT Barito Renewables Energy submitted an unsolicited, non-binding offer to acquire its geothermal subsidiary Energy Development Corp. for around $5 billion.

SEC overhauls rules for local credit rating agencies

The Securities and Exchange Commission has proposed updated regulations for credit rating firms to boost transparency, credibility, and investor confidence in the Philippine corporate bond market.

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