On 14th January,2020, the China and ASEAN Economic and Trade Cooperation Conference is co-held by China-ASEAN Business Council (CABC) and ASEAN Council Beijing (ACB) in Beijing. For its excellent operations and steady growth in China in the last 19 years, SM Prime Holdings, Inc. won the award of “2019 Top Ten Successful ASEAN Enterprises Entering China”.
On behalf of SM, Mr. Ronald Allan D. Brosas, Senior Assistant Vice President-Operations for SM China received the award presented by Mr. Xu Ningning, Executive President of CABC. He said, SM have been awarded by CABC for the 6th time. This meaningful award encourages us to drive for further progress and contribute to deeper cooperation between China and ASEAN.
Under the support of CCPIT (China Council for the Promotion of International Trade) and the ASEAN Secretariat, the award selection is co-held by CABC and ACB. After recommendation and selections by Embassies of ASEAN countries, chambers of commerce, SM Prime and 9 other ASEAN enterprises entering China, including top companies like Charoen Pokphand Group, CapitaLand Limited, etc., finally stood out among numerous strong candidates. The organizer spoke highly of SM Prime as a great contributor to the local economic growth, social responsibilities and the bilateral cooperation between ASEAN and China.
Mr. Allan received the trophy on behalf of SM
SM is the largest integrated real estate developers in Southeast Asia, whose core business covers retail, shopping, banking, real estate development, hotels and conventions. Since its first mall opening in 1985, it now has 79 large-scale integrated shopping centers in the world with total GFA of over 9.7 million square meters and 4.2 million daily foot traffics.
Since the entering of China in 2001, SM Prime has invested shopping centers in Xiamen, Jinjiang, Chengdu, Suzhou, Chongqing, Zibo, Tianjin, and Yangzhou cities with total GFA of operating malls reach over 1.5 million square meters. SM agrees with China’s great potential on newly developed regions and is now pushing the construction of SM Yangzhou Complex and SM Xiamen Complex. In the future, with the vision of creative, innovative and sustainable complex projects, SM is expected to contribute to a vibrant life to more 2nd-tier and 3rd-tier cities in China.
SM in China