Monday, February 5, 2018

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1. Company Information
Company Name
SM Investments Corporation (SM)
Sector
Holding Firms
Incorporation Date
May 15, 1960
Subsector
Holding Firms
Number of employees
339 (Parent Only)
Board of Directors
Chairman Emeritus: Henry Sy, Sr., Chairman: Jose T. Sio
Vice Chairperson: Teresita T. Sy, Henry T. Sy, Jr.
Website / E-mail
http://www.sminvestments.com / info@sminvestments.com; 
2. Stock Information
Total Assets
942,380,069,000
Market Capitalization
1,171,456,838,157.50
Total Liabilities
500,098,618,000
Outstanding Shares
1,204,582,867
Retained Earnings
219,941,205,000
Listed Shares
1,204,582,867
Listing Date
Mar 22, 2005
Issued Shares
1,204,582,867
Board Lot
10
Free Float Level (%)
44.29%
Par Value
10.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORP. (NON-FILIPINO)
PCD NOMINEE CORP. (FILIPINO)
HANS T. SY
HERBERT T. SY
HARLEY T SY
HENRY T. SY JR.
TERESITA T. SY
33.38%
08.72%
08.17%
08.17%
07.20%
07.17%
07.06%
4. Company Descriptions and Business Development
Notes
1. Related companies: SM, SMPH, BDO, CHIB, BEL, PLC, MRP, AT
2. Henry Sy, Sr. is the father of Teresita T. Sy, Elizabeth T. Sy, Henry T. Sy, Jr., Hans T. Sy, Herbert T. Sy and Harley T. Sy.
Overview
SM Investments Corporation (SMIC), is the holding company of the SM Group of Companies. Its operating segments are as follows: property, retail, and financial services and others.

Business
Property segment is involved in mall, residential and commercial development and hotels and convention centers operations. It again has residential/commercial and hotels/convention center sub-segments.
Retail segment is engaged in the retail/wholesale trading of merchandise.
Financial services and others segment primarily includes the Parent Company which engages in asset management and capital investments, and associates which are involved in financial services.
Revenue Contribution per segment in 2016
Banking
Property
Retail
4%
20%
76%

Subsidiaries / Associates / Affiliates / Joint Ventures
SM Retail, Inc. (“SM Retail”) was incorporated in June 2002. Non-food retail operations consist of the business of “The SM Store”, formerly called SM Department Stores, and the Specialty Stores. Food retail operations comprise the SM Supermarkets, Savemore, SM Hypermarkets, and WalterMart stores. As of 2016, The SM Store has 57 stores with 499,924 square meters net selling area. Several specialty retail stores such as Ace Hardware, SM Appliances, Homeworld, Our Home, Toy Kingdom, Watsons, Kultura, Baby Company, Sports Central, Pet Express are merged with SM Retail. There are 1,556 specialty stores as of 2016. As of 2016, there are 48 SM Supermarkets, 156 Savemore stores and 44 SM Hypermarkets. The net selling area of the 248 stores is 624,696 sq. m. Besides, Walter Mart Supermarket, Inc. has 39 store and plans to open at least 7 new stores annually.
SM Prime Holdings, Inc.(SMPH), publicly listed company, is the country’s leading shopping mall developer and operator. In 2013, Sy family consolidated all the real estate business such as SM Land, SM Development Corporation and Highlands Prime, Inc into SMPH. SMPH’s mall business unit engages in mall operation. Its main source of revenues is rental income. It has 60 malls with 7.7 million square meters in the Philippines and 7 malls in China with 1.3 million square meter of gross floor area. SM Prime’s revenue from residential operations is derived largely from the sale of condominium units. It also has Commercial, Hotels and Convention Centers business units.
BDO Unibank, Inc. (BDO, 46%) is a publicly listed company.
The China Banking Corporation (CHIB, 23%) is a publicly listed company.
Belle Corporation (BEL, 32%) is a publicly listed company which engages in real estate, casino, etc.
Premium Leisure & Amusement, Inc. (PLC, 4%), a subsidiary of BEL, is also listed company which has interests in MELCO Crown Entertainment Limited (MRP, listed company), etc.
Atlas Consolidated Mining & Development Corporation (AT, 29%),a listed company, is a company primarily engaged in metallic mineral exploration and mining.
The Net Group includes ten legal entities and portfolio assets are strategically located within the E-square Zone, the largest and only PEZA certified IT park in Bonifacio Global City.
CitiMall Commercial Centers, Inc(34%)
OCLP Holdings, Inc (OHI, 40%)
Waltermart Mall(51%, JV)
Metro Rapid Transit Services, Inc(51%, JV)

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