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SM bid for TRO on rail station nixed

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The Pasay City Regional Trial Court turned down the request of Henry Sy’s SM Prime Holding Inc. for a temporary restraining order (TRO) over the location of a railway common station in Quezon City, but the latter said the legal battle continues as it reiterated the government should honor their agreement five years ago.

Posted: July 2nd, 2014 in Headlines | Read More »

SM Prime set to invest P400B in PH, China deals

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SM Prime Holdings, now one of the leading property developers in Southeast Asia, is investing at least P400 billion to further scale up its businesses in the Philippines and mainland China.

Posted: April 16th, 2014 in Headlines | Read More »

SM Prime earnings hit P16.2B in 2013

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The SM group’s real estate businesses under SM Prime Holdings chalked up a net profit of P16.27 billion in 2013, the first year of consolidation.

Posted: February 25th, 2014 in Headlines | Read More »

Bacolod court denies SM plea

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The Bacolod Regional Trial Court has denied the petition of SM Prime Holdings Inc. (SMPHI) to declare it the winning bidder of the 7.7-hectare prime property of the Negros Occidental provincial government in Bacolod City, Gov. Alfredo Marañon Jr., said Monday.

Posted: February 4th, 2014 in Headlines | Read More »

Biz Buzz

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It’s no secret that one reason for the long delay in the implementation of the elevated connector road tollway project was that at least one influential Cabinet official wanted Philippine National Construction Corp. president Luis Sison replaced.

Posted: February 2nd, 2014 in Headlines | Read More »

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