19don MSN
SM Prime Holdings—controlled by the family of the late retail billionaire Henry Sy Sr.—will spend 100 billion pesos ($1.7 billion) this year to expand its property footprint across the Philippines.
SM Investments—the holding company of the family of the late retail billionaire Henry Sy Sr—will spend 60 billion pesos ($1 billion) to buy back its shares, which are trading at a two-year low.
Background: Sy has vast property holdings that he recently merged with mall operator SM Prime Holdings to create a company with a $9.3 billion market cap. Shares of his holding firm SM Investments ...
Bloomberg ranked the family of the late taipan Henry Sy Sr. as the 19th richest family in the region, with a wealth of $15.1 billion. Starting from a small shop in downtown Manila, the SM Group ...
8dOpinion
The Manila Times on MSNSearching for my last say on ChinaTRUE now, as it was true when I shifted to opinion writing in lieu of moviemaking, which collapsed at Henry Sy's banning of R ...
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