Tag: SM Prime

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SM Prime named as one of Asia’s top developers—for 11th year running

SM Prime Holdings, Inc. has once again secured its place among Asia’s leading real estate developers, landing on the Hubexo Asia Top 10 Developers list for the 11th consecutive year.

SM Leisure to soon deliver Horizon Terraces villas, condos

SM Leisure Resort Residences, a unit of property developer SM Prime Holdings, is set to complete Horizon Terraces within Tagaytay Highlands, with Scottsdale Villas scheduled for turnover in December 2025 and Redstone Condominiums in March 2026.

SM Prime plans USD Bond offer

SM Prime Holdings Inc., the listed property development arm of the SM Group,has tapped major global and domestic banks to arrange a series of fixed-income investor calls across Asia and Europe starting September 8, one of the initial steps to prepare for a potential USD-denominated, benchmark-sized Regulation S offering of 5-year senior notes.

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.

SM Hotels to open P1.5B Radisson Sta. Rosa hotel

SM Hotels and Conventions Corp., the hospitality arm of SM Prime Holdings Inc., is expanding its regional presence with the opening of Park Inn by Radisson Sta. Rosa by the first quarter of 2029.

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BSP keeps 3% credit card interest cap, raises installment and cash advance fee limits 

The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.

SM Hotels expands events business with Conrad Manila rooftop venue

SM Hotels and Convention Centers (SMHCC) is adding a premium rooftop events venue at Conrad Manila, broadening its offerings for private celebrations and corporate gatherings as it builds out the Mall of Asia Complex as a destination for meetings and events.

PLDT gets NYSE warning over delayed 2024, 2025 filings

PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.

Metrobank chief economist tops Asian research awards, bank cites expertise

Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.

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