SM Investments Corporation is engaged in the retail, banking, and property development businesses primarily in the Philippines. The company operates through three segments: Property, Retail, and Financial Services and Others. The Property segment is involved in the mall, residential, and commercial development, and hotels and convention centers activities. It develops, conducts, operates, and maintains commercial shopping centers, as well as conducts, operates, and maintains shopping center spaces for rent, amusement centers, or cinema theaters within the shopping centers. This segment also develops residential, commercial, entertainment, and tourism districts comprising buildings and infrastructure. It also operates hotels and convention centers. This segment operates 48 shopping malls in the Philippines and 5 shopping malls in China. The retail segment is involved in the retail/wholesale trading of merchandise, such as dry goods, wearing apparels, food, and other merchandise. As of December 31, 2013, this segment operated 241 stores consisting of 48 department stores, 39 supermarkets, 93 SaveMore stores, 39 hypermarkets, and 22 Walter Mart supermarkets. The Financial Services and Others segment is engaged in asset management and capital investments, as well as provision of financial services. It provides banking services; leasing and financing, investment banking, private banking, bancassurance, insurance brokerage, and stock brokerage services; mobile and Internet banking, and phone banking services; credit cards and debit cards; ATMs; and deposits, foreign exchange, brokering, trust and investments, corporate cash management, and remittances, as well as corporate, middle market, SME, and consumer lending. This segment is also involved in the copper and nickel exploration and mining activities. SM Investments Corporation was incorporated in 1960 and is based in Pasay City, the Philippines.
One E-com Center 10th Floor 1300 Pasay City
12.41 - 13.22 USD