Wednesday, May 6, 2026
Today's Print

Tag: SMIC

SM Investments purchasing Uy’s entire P6.6-b stake in 2GO Group

Conglomerate SM Investments Corp. is taking control of 2GO Group Inc. by acquiring businessman Dennis Uy’s entire stake in the listed shipping and logistics...

Market rose for third straight day; SMIC, URC advance

Stocks rose for a third straight day, buoyed by the block sale of SM Investments Corp. and expectations that the economy will recover in...

SMIC’s profit climbed 26% to P33.1b in first 9 months

Conglomerate SM Investments Corp. said Wednesday consolidated net income climbed 26 percent in the first nine months to P33.1 billion from a year ago...

Stock market rallies; SMIC up

Stocks rallied Tuesday after the government announced that inflation rate settled at a 42-month low in October and on renewed optimism over US-China trade...

Market slumps; SMIC bucks trend

Stocks fell for a third day, dragging the benchmark index to a four-month low after credit watcher S&P Global Ratings cut its growth forecast...

SMIC posted P23-b income in six months

Conglomerate SM Investments Corp. said Wednesday net income expanded by 27 percent in the first half to P23 billion from P18.1 billion in the...

Bank, property units boost SMIC’s profit to P10.7b

Conglomerate SM Investments Corp. said Wednesday net income grew 26 percent in the first quarter to P10.7 billion from P8.5 billion in the same...

SMIC allots P98b for 2019 investments

SM Investments Corp., the holding company of the Sy family, earmarked P98 billion for 2019 capital expenditures to support the expansion of its real...

SMIC’s profit climbed 9% to P18.1b in first semester

Conglomerate SM Investments Corp. said net income climbed 9 percent in the first half to P18.1 billion from P16.6 billion in the same period...

SMIC’s income rises 8% to P7.7b quarter

SM Investments Corp., the holding company of tycoon Henry Sy, said Wednesday net income increased 8 percent in the first quarter to P7.7 billion...

Henry Sy steps down as chairman of SMIC

SM Investments Corp. on Wednesday announced key organizational changes to support the conglomerate’s next phase of growth, as retail tycoon Henry Sy Sr. steps...

SMIC completes MyTown purchase

Conglomerate SM Investments Corp. said it completed the acquisition of a 61.21-percent stake in Philippine Urban Living Solutions Inc., the operator of dormitory buildings...

Market rebounds; SMIC climbs

Stocks rebounded Monday, tracking the movement of Asian markets as the positive US jobs report helped investors position for a week of central-bank policy...

SMIC set to spend P73b for expansion

SM Investments Corp., the holding company of tycoon Henry Sy, allocated P73 billion for 2017 capital expenditures to finance the expansion of its property,...
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