On 17th January, 2017, the awarding ceremony of “2016 Top Ten Successful ASEAN Enterprises Entering China” is held in Beijing. For its excellent performance in integrated properties development and its operation management capabilities, SM Prime Holdings Inc. won the title given by CABC(China-ASEAN Business Council) for the third time, which demonstrates the company’s strength and the contribution it has made to the economic and trade cooperation between China and ASEAN.

Mr. Xu Ningning, Executive President of China-ASEAN Business Council  presented the trophy

Steven T. Tan, senior vice president of SM Supermalls, received the award presented by Mr. Xu Ningning, executive president of China-ASEAN business council at the ceremony.

Mr. Xu Ningning, Executive President of China-ASEAN Business Council  presented the trophy

 It is a great honor for SM to win ‘Top Ten Successful ASEAN Enterprises Entering China’ for the third time. SM has been awarded this title in 2013 and 2014 before. This meaningful award not only recognized SM’s achievements in China, but also encouraged us to drive for further progress. SM will continue its investment and development in China and contribute itself to deeper cooperation between China and ASEAN.

Rowel S.Barba ,Deputy Minister of Philippines DTI, took photo with Steven T. Tan  to mark the occasion.

CABC is one of the five main dialog cooperation mechanisms between China and ASEAN. With the support of CCPIT, Ministry of Commerce of China, ASEAN Ambassadors to China and other relevant parties, the event of 2016 Chinese Enterprises Entering ASEAN and ASEAN Enterprises Entering China was successfully held. About 300 participants presented at the ceremony, including Ms. Rhenita B. Rodriguze, minister and consul of Philippines embassy in China, Mr. Rowel S.Barba, undersecretary of Philippines department of trade and industry,  Mr. Dang Minh Khoi, Vietnamese ambassador to China, Mr. Thit Linn Ohn, Burma ambassador to China, Ms. Magdalene Teo, Brunei ambassador to China, Mrs. Khek Caimealy Sysoda, Kampuchea ambassador to China, Mr. Soegeng Rahaidjo, Indonesian ambassador to China, Mrs. Vandy Bouthasavong, Lao ambassador to China.   After recommendation and thoughtful selections by each party, 10 enterprises finally stood out among numerous strong candidates. They are:
SM Prime Holdings Inc.
SM Prime Holdings, Inc. ,one of the largest integrated property developers in Southeast Asia that offers innovative and sustainable lifestyle cities with the development of malls, residences, offices, hotels and convention centers. It is also the largest, in terms of asset and income base, in the Philippines. As the core of its business, SM now has 67 large-scale integrated shopping centers in the world with a total GFA of 9.1 million square meters and 4 million daily passenger traffics.
Bangkok Bank China
Bangkok Bank China , 100% owned by Thailand’s largest bank, Bangkok Bank, which has a long history of supporting Asian business communities engaging in international trade, especially in Southeast Asia and China.
Banpu Investment（China）CO., Ltd.
Banpu Investment (China) Limited is one of the leading energy companies in Asia based in Thailand, and it was called the Asian face of Energy.
CapitaLand
CapitaLand, one of Asia’s largest real estate companies headquartered and listed in Singapore and has one of the largest real estate fund management businesses with assets located in Asia. It now owns 102 shopping centers in 53 cities in Asia.
Charoen Pokphand Group
Charoen Pokphand Group, an integrated food production, distribution, retail, telecommunications, property and financial investments business owned by Dhanin Chearavanont, Thailand's richest man, who has been reported by Forbes Asian.
Vietnam Airlines Corporation
Vietnam Airlines Corporation, a world-class airline which has been actively developing as the leading role of aviation industry and the symbol of the country’s national pride.
Qinzhou development (Malaysia) Consortium Sdn. Bhd
The QIP, developed by Qinzhou development (Malaysia) Consortium Sdn. Bhd, would be the third industrial park in China that is under a government-to-government initiative.
Lao Brewery Company Limited.
Lao Brewery Co. Ltd, world-renowned beer, has become the only beer brand in the country which has 95% market share. In 2004, Beerlao has been recognized as the best beer in Asia by Times magazine.
Vinamit Joint Stock Company
Vinamit Joint Stock Company, leading enterprise in Vietnam agricultural companies, has been continuously voted as 'The best of Vietnam's goods'
Beijing Smart Garments Co., Ltd.
Smart Garments ,based in Singapore , is China leading men’s suits apparel brand, achieved the "China well-known trademark” recognition and the perennial leader in its industry.

Trophy

CABC spoke highly of SM Prime: SM Prime is a great contributor to the economic and trade cooperation between ASEAN and China. It has facilitated the local economic growth while continuously fulfilling its social responsibilities. SM Prime is an influential ASEAN representative enterprise.

Since its entering in China, SM Prime has invested shopping centers in Xiamen, Jinjiang, Chengdu, Suzhou, Chongqing, Zibo, Tianjin, and Yangzhou cities. Its masterpiece –SM City Tianjin, which will become one of the largest shopping centers in the world with the floor area of 560,000㎡– has officially launched world-wide leasing and soft opening of Project I in Dec.17th, 2016. These projects have demonstrated the goal and impact of SM Prime’s strategy to build "new centers of urban life" ,which also improved local business facilities and quality of city life. In the future, with the vision of “Lifestyle Cities”, we will bring brand-new urban life and provide a wonderful lifestyle for more Chinese cities.