SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, celebrates today, July 23, its 30th listing anniversary as public company through a ceremonial bell-ringing held at the Philippine Stock Exchange (PSE) Tower in Taguig City.
SM Prime has expanded into a dominant force in Southeast Asia's property sector. The company now has a multi-sector portfolio of residential developments, malls, office towers, hotels and convention centers.
Incorporated in January 1994, SM Prime has remained committed to shared prosperity. Raising approximately PHP 5.89 billion (US$221 million) during its IPO, SM Prime is now one of the most active stocks in local market.
Over the years, SM Prime has faced and overcome significant challenges, including the 1997 Asian financial crisis, the 2008 global financial crisis, and the recent COVID-19 pandemic. Despite these hurdles, the company has remained resilient, continuing to drive system growth. Attesting to its commitment to excellence, SM Prime has been recognized by various entities for its strong front in corporate governance.
SM Prime is dedicated to continuously integrate sustainable practices across its operations, from energy-efficient building designs to comprehensive waste management programs. SM Prime's commitment to sustainability ensures that it maintains its positive impact on the environment and society, paving the way for a greener and more resilient future.
SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.