SM Investments Corporation (SMIC), also known as SM Group, is a

Filipino Filipino may refer to: * Something from or related to the Philippines ** Filipino language, standardized variety of 'Tagalog', the national language and one of the official languages of the Philippines. ** Filipinos, people who are citizens of th ...

conglomerate with interests in shopping mall development and management,

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...

real estate development Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels ...

, banking, and tourism. Founded by

Henry Sy Henry Tan Chi Sieng Sy Sr. (; ; October 15, 1924 – January 19, 2019) was a Filipino businessman and investor. Born in Fujian, he moved with his family to the Philippines at age 12. While his family returned to China, he stayed behind and f ...

, it has become one of the largest conglomerates in the

Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

, being the country's dominant player in retail with 208 stores nationwide. Of these, 47 are SM Department Stores; 38 are SM Supermarkets; 37 are SM Hypermarkets and 86 are SaveMore branches. It is the largest company in the Philippines in terms of

market capitalization Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by t ...

, and has repeatedly ranked as the top Philippine company in the

Forbes Global 2000 The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by ''Forbes'' magazine. "The Global 2000" annual ranking is assembled by ''Forbes'' using a weighted assessment of four metrics: sales, profi ...

History

In 1958,

Henry Sy Sr. Henry Tan Chi Sieng Sy Sr. (; ; October 15, 1924 – January 19, 2019) was a Filipino businessman and investor. Born in Fujian, he moved with his family to the Philippines at age 12. While his family returned to China, he stayed behind and f ...

started his first company, ShoeMart (SM), a small shoe store in Carriedo, Manila. He initially focused on buying large supplies of shoes from the United States. His business expanded as he transformed his shoe store into a department store. At this point, Sy set up his second company, SM Department Store Inc., and began selling stocks to department stores. In 1978, he began buying supermarkets at the northern end of

EDSA Epifanio de los Santos Avenue, commonly referred to by its acronym EDSA, is a limited-access circumferential highway around Manila, the capital city of the Philippines. It passes through 6 of Metro Manila's 17 local government units or cities, ...

in Quezon City. During the 90s when he opened SM Megamall, his companies were listed in the

Philippine Stock Exchange The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Includin ...

SM Prime Holdings SM Prime Holdings, Inc. (SMPH) is a Filipino integrated property developer and a public subsidiary of SM Investments Corporation. It was incorporated on January 6, 1994, to develop, conduct, operate and maintain the SM commercial shopping cent ...

Inc. By 2005, the SM Investments Corporation was inaugurated. In April 2017, SMIC appointed Jose Sio as CEO.

Subsidiaries

;Retail * SM Markets - a chain of food retail stores consisting of SM Supermarket, SM Hypermarket and Savemore. * SM Store - a department store *

Walter Mart Walter Mart (stylized as WalterMart) is a Filipino chain of community shopping malls located in Metro Manila, Central, and South Luzon. The chain operates its anchor stores that include Walter Mart Supermarket, Walter Mart Cinemas, Abenson Appl ...

- a shopping mall owned by a joint venture between SM and a local company. *

Alfamart PT Sumber Alfaria Trijaya Tbk or Alfamart is a primarily-franchised Indonesian convenience store chain. As of May 2021, it had over 17,000 stores spread across Indonesia, 4 million daily customers and tens of thousands of micro, small and medium- ...

- a convenience store owned by a joint venture between SM and an Indonesian company. * Specialty Stores - SM operates leading local retail chains such as

Ace Hardware Ace Hardware Corporation is an American hardware retailers' cooperative based in Oak Brook, Illinois, United States. It is the world's largest hardware retail cooperative, and the largest non-grocery American retail cooperative. Founded in 1924 ...

, SM Appliances, Homeworld, Our Home,

Toy Kingdom Toy Kingdom is a large toy store chain owned and developed by the SM Group by the late Chinese Filipino taipan, Henry Sy, Sr., along with its corporation name, the "International Toyworld Inc". It features a variety of toys, gizmos & gadgets. The ...

(International Toyworld Inc.), Kultura, Baby Company, Sports Central, Pet Express,

Miniso Miniso (; Japanese Hepburn: ; stylized MINISO, メイソウ) is a Chinese low-cost retailer and variety store chain that specializes in household and consumer goods including cosmetics, stationery, toys, and kitchenware. Its headquarters are in ...

Watsons Watsons () is a Hong Kong health care and beauty care chain store in Asia and Europe. It is the flagship health and beauty brand of the A.S. Watson Group, which is majority owned by CK Hutchison Holdings. It operates near 8,000 stores and ...

, Uniqlo, etc. *Gentree Fund - a venture capital fund investing in early-stage all the way to pre-IPO companies. ;Banking * Banco de Oro - one of the largest banks in the Philippines *

China Banking Corporation China Banking Corporation (; ), commonly known as China Bank, is a Filipino bank established in 1920. It was the first privately owned local commercial bank in the Philippines initially catering to the banking needs of Chinese Filipino businesspe ...

- the first privately owned local commercial bank in the

- (SM owns 30% of the company) ;Property *

SM Supermalls SM Supermalls, also simply known as SM, owned by SM Prime, is a chain of shopping malls in the Philippines that as of November 18, 2022 has 82 malls located across the country and 20 more scheduled to be opened for an eventual total of 102 mal ...

- the shopping malls of SM Investments Corporation is operated by its subsidiary,

. * SM Development Corporation (SMDC) - is a residential property developer which focuses on the premium middle market. SMDC now operates SM Residences and MPlace. *

Mall of Asia Complex SM Mall of Asia, also abbreviated as SM MoA, or simply Mall of Asia or MoA, is a large shopping mall in the Philippines, located at Bay City, Pasay, Philippines, within the SM Central Business Park, a reclaimed area within Manila Bay, and the ...

- is an alternative business and tourism district, as well as the home of the

SM Mall of Asia SM Mall of Asia, also abbreviated as SM MoA, or simply Mall of Asia or MoA, is a large shopping mall in the Philippines, located at Bay City, Pasay, Philippines, within the SM Central Business Park, a reclaimed area within Manila Bay, and the ...

SMX Convention Center The SMX Convention Center Manila is a convention center located in Pasay, Philippines. It is the largest private venue in the Philippines for trade events, industry conventions, corporate functions, and international exhibitions. The building ...

(the largest private venue in the Philippines), OneE-com Center and

Mall of Asia Arena The SM Mall of Asia Arena, also known as the Mall of Asia Arena or the MoA Arena, is an indoor arena within the SM Mall of Asia complex, in Bay City, Pasay, Metro Manila, Philippines. It has a seating capacity of 15,000 for sporting events, an ...

(one of the largest private sports venues in the Philippines). The Mall of Asia Complex occupies 60 hectares of land along the coast of Manila Bay, offering locations for business, tourism, retail, and leisure projects. * OCLP Holdings - the parent of Ortigas & Company Limited Partnership. Since November 2014, the consortium of SM Investments and the family of Francisco Ortigas has owned 37% of the holding. ;Lifestyle Entertainment * SM Cinema - includes Director's Club Cinema,

IMAX IMAX is a proprietary system of high-resolution cameras, film formats, film projectors, and theaters known for having very large screens with a tall aspect ratio (approximately either 1.43:1 or 1.90:1) and steep stadium seating. Graeme F ...

Theatre, WM Cinemas, Blink, ePlus and Snack Time. * SM Skating * SM Bowling and Leisure Center * Exploreum * SM Tickets *

SM Mall of Asia Arena The SM Mall of Asia Arena, also known as the Mall of Asia Arena or the MoA Arena, is an indoor arena within the SM Mall of Asia complex, in Bay City, Pasay, Metro Manila, Philippines. It has a seating capacity of 15,000 for sporting events, an ...

is a venue which hosts concerts and other big events, opened on June 16, 2012. Its seating capacity is 16,000 and it hosted the

2013 FIBA Asia Championship The 2013 FIBA Asia Championship for Men was the intercontinental championship for basketball organized by FIBA Asia that served as the qualifying tournament for the 2014 FIBA Basketball World Cup in Spain. The tournament was held from August 1–1 ...

. It is one of the largest arenas in the Philippines. In 2013, the SM Group announced that there will be another arena named

Seaside City Arena SM Seaside Arena is a multipurpose indoor arena currently under construction in Cebu City, Philippines. The arena will have a 16,000-seating capacity and, once completed, will be the largest indoor arena in Cebu. First proposed in 2013, the are ...

SM Seaside City Cebu SM Seaside, (formerly SM Seaside City Cebu) also known locally as Seaside, is a large shopping mall owned and developed by SM Prime Holdings in South Road Properties, Cebu City, Philippines. The mall opened on November 27, 2015, exactly 22 yea ...

Cebu City Cebu City, officially the City of Cebu ( ceb, Dakbayan sa Sugbo; fil, Lungsod ng Cebu; hil, Dakbanwa sang Sugbo), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Central Visayas Regions of the P ...

. However, in January 2017, SM decided to cancel its plans to build the arena due to the alleged attacks by the Cebu City mayor,

Tomas Osmeña Tomas dela Rama Osmeña (; born July 26, 1948), known as Tommy Osmeña, is a Filipino politician who served as the Mayor of Cebu City thrice: first from 1987 to 1995, again from 2001 to 2010, and lastly from 2016 to 2019. He also served as Congr ...

against the project. ;Leisure * Costa del Hamilo Inc - is a large-scale eco-tourism project to develop in phases 5,700 hectares of land by the sea in Nasugbu, Batangas into a network of coastal resort communities. * Highlands Prime, Inc. - is a residential developer in Tagaytay Highlands, a mountainside resort and residential complex. ;Mining *Atlas Consolidated Mining and Development Corporation - is engaged in gold mining operations. ;Hotels and Convention Centers * SM Hotels **

Conrad Manila Conrad Manila is a hotel located at the Bay City, Metro Manila, Bay City area in Pasay, Metro Manila, Philippines. Design and construction The design of the building occupied by the Conrad Manila was inspired by the cruise ships passing by Manila ...

in Pasay **Taal Vista Hotel in Tagaytay City **Pico Sands Hotel in Nasugbu **Pico de Loro ** Radisson Blu Hotel in Cebu **Park Inn by Radisson in Davao **Park Inn by Radisson in Clark **Park Inn by Radisson in North Edsa **Park Inn by Radisson in Iloilo *

(SMX) is a convention center used for hosting conventions, seminars, and conferences. **

Mall of Asia SM Mall of Asia, also abbreviated as SM MoA, or simply Mall of Asia or MoA, is a large shopping mall in the Philippines, located at Bay City, Pasay, Philippines, within the SM Central Business Park, a reclaimed area within Manila Bay, and the ...

complex in

Pasay Pasay, officially the City of Pasay ( fil, Lungsod ng Pasay; ), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the 2020 census, i ...

, opened on November 26, 2007 **

SM Lanang Premier SM Lanang Premier, also known locally as SM Lanang, is an indoor four-story shopping mall in Lanang, Davao City, Philippines along Jose P. Laurel Avenue and within S.P Dakudao loop. It is the first SM Supermall to be called "Premier". The mall is ...

Davao City Davao City, officially the City of Davao ( ceb, Dakbayan sa Dabaw; ), is a first class highly urbanized city in the Davao Region, Philippines. The city has a total land area of , making it the largest city in the Philippines in terms of lan ...

, opened on September 12, 2012 **

SM Aura Premier SM Aura Premier is a large upscale shopping mall located along McKinley Parkway corner 26th Street, Bonifacio Global City, Taguig Metro Manila, Philippines, owned by SM Prime Holdings, the country's largest mall developer. It is the 13th SM Sup ...

Taguig City Taguig (), officially the City of Taguig ( fil, Lungsod ng Taguig), is a 1st class highly urbanized city in Metro Manila, Philippines. According to the 2020 census, it has a population of 886,722 people. Located in the northwestern shores of ...

, opened on May 17, 2013 **

SM City Bacolod SM City Bacolod is a supermall located along Rizal Street, Reclamation Area, Bacolod, Negros Occidental, Philippines. SM City Bacolod is the 29th supermall of SM Prime Holdings, the 1st SM supermall in Negros Island Region and the 3rd in the Visay ...

, opened in September 2014 **

opened on 2015 **

SM City Clark SM City Clark is a shopping mall owned and operated by SM Prime Holdings, Inc. It is located along M.A. Roxas Avenue in Clark Freeport, Angeles City, Philippines. It is the second SM supermall in the province of Pampanga after SM City Pampanga in ...

**Megatrade Hall in Mandaluyong **Cebu Trade Hall in Cebu City ;Education * National University at Manila - a private non–sectarian coeducational institution in

Manila Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital of the Philippines, and its second-most populous city. It is highly urbanized and, as of 2019, was the world's most densely populate ...

. *

Asia Pacific College Asia Pacific College (APC) is a private tertiary education institution in Makati, Metro Manila, Philippines. It was established in 1991 as a non-profit joint venture between IBM Philippines and the SM Foundation. Its program is focused on inf ...

- a joint venture between SM and IBM Philippines. ;Gaming *

Belle Corporation SM Investments Corporation (SMIC), also known as SM Group, is a Filipino conglomerate with interests in shopping mall development and management, retail, real estate development, banking, and tourism. Founded by Henry Sy, it has become one of ...

is Henry Sy's foray in the gaming industry in the Philippines, hoping to capitalize the future of Pagcor's entertainment city. - (SM owns 27%) ;Other Investments *

2GO 2GO or 2GO Sea Solutions, also known as 2GO Travel, is a passenger ferry company based in Manila, Philippines, the shipping and passenger ferry arm of 2GO Group, and the only remaining Manila-based major interisland passenger ferry company, w ...

- supply chain operating in shipping, freight, warehousing and express delivery. - (SM owns 52.9%) *

ABS-CBN Corporation ABS-CBN Corporation is a Filipino media company based in Quezon City, Metro Manila, Philippines. It is the largest entertainment and media conglomerate in the Philippines. It is a subsidiary of Lopez Holdings Corporation which is owned by t ...

- the country's largest media concessionaire owned by

Lopez Holdings Corporation Lopez Holdings Corporation (formerly Benpres Holdings Corporation until July 5, 2010) is a Filipino conglomerate founded by the brothers Eugenio Lopez, Sr. and Fernando Lopez, Sr. It has substantial holdings in the public service and utilities ...

(SM owns 57.9%). *

CityMall CityMall Commercial Centers, Inc. is a subsidiary of DoubleDragon Properties DoubleDragon Corporation (formerly, Injap Land Corporation and DoubleDragon Properties Corporation) is a Philippine real estate development company based in Makati, ...

- commercial centers owned by a joint venture between SM and DoubleDragon Properties Corp. *

Goldilocks "Goldilocks and the Three Bears" (originally titled "The Story of the Three Bears") is a 19th-century English fairy tale of which three versions exist. The original version of the tale tells of an obscene old woman who enters the forest home ...

- a leading Filipino bakeshop heritage brand trusted by Filipino consumers for over 50 years. - (SM owns 74%) * MyTown - Dormitories owned by Philippines Urban Living Solutions, Inc. * Philippine Geothermal Production Company (PGPC) - geothermal development company owned by Allfirst Equity Holdings (AEH) - (SM owns 100%)

Social involvement

SM Foundation is the corporate responsibility arm of the SM Group of Companies. The foundation has various areas of advocacy: education, scholarship programs, building schoolhouses, a mall-based outreach program, health care, medical missions, mobile clinics, hospital activity centers and religious community projects. ;SM Cares SM Cares is a program created to consolidate and coordinate all of SM Prime's corporate social responsibility (CSR) initiatives. Carried out in all 40 SM malls nationwide, SM Cares' CSR projects cover environmental conservation (energy, air and water), and assistance to customers of SM malls with special needs such as the disabled, special children, the elderly and nursing mothers.

Future businesses

- the country's largest media concessionaire owned by

References

External links

*
SM Prime Holdings website
{{SMPH Companies based in Pasay Companies listed on the Philippine Stock Exchange Holding companies of the Philippines Multinational companies headquartered in the Philippines Holding companies established in 1994 Philippine companies established in 1994 Conglomerate companies of the Philippines