{"id":1369,"date":"2026-04-12T23:32:26","date_gmt":"2026-04-12T23:32:26","guid":{"rendered":"https:\/\/www.sminvestments.com\/2025smicintegratedreport\/?page_id=1369"},"modified":"2026-04-15T06:31:19","modified_gmt":"2026-04-15T06:31:19","slug":"our-20-year-journey","status":"publish","type":"page","link":"https:\/\/www.sminvestments.com\/2025smicintegratedreport\/our-20-year-journey\/","title":{"rendered":"Our 20-Year Journey"},"content":{"rendered":"\t\t
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Our 20-Year Journey<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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2005 <\/p>\r\n

<\/div>\r\nSM Investments<\/strong> becomes the country\u2019s largest IPO on the Philippine Stock Exchange, raising PHP28.75 billion (USD528 million)<\/strong>

<\/p>\r\n\r\nThe SM Group<\/strong> becomes the majority owner of Chinabank<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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2006 <\/p>\r\n

<\/div>\r\nSM Mall of Asia<\/strong> opens, the largest mall in Asia by gross floor area

<\/p>\r\n\r\nSMDC<\/strong> launches Mezza Residences<\/strong>, its first high-rise residential project <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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2007 <\/p>\r\n

<\/div>\r\nBDO merges with Equitable PCI Bank<\/strong>, creating the country\u2019s largest bank\r\n

<\/p>\r\nSMX Convention Center<\/strong> opens as the Philippines\u2019 largest convention facility<\/strong>\r\n

<\/p>\r\nSM Foundation<\/strong> accepts its first batch of technical-vocational scholars<\/strong>\r\n

<\/p>\r\nSM<\/strong> launches Hamilo Coast<\/strong>, beginning its leisure and eco-tourism developments <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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2008 <\/p>\r\n

<\/div>\r\nSM<\/strong>, celebrates 50th anniversary SM, celebrates 50th anniversary<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n
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2010 <\/p>\r\n

<\/div>\r\nRadisson Blu Cebu<\/strong> opens as the brand\u2019s first hotel in Asia-Pacific<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n
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2011 <\/p>\r\n

<\/div>\r\nSM Retail<\/strong> and Fast Retailing<\/strong> form a joint venture to bring Uniqlo<\/strong> to the Philippines <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n
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2012 <\/p>\r\n

<\/div>\r\nThe MOA Arena<\/strong> opens as a world-class entertainment venue<\/strong> with a seating capacity of 15,000 <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n
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2013 <\/p>\r\n

<\/div>\r\nSM consolidates its property businesses under SM Prime<\/strong>, creating one of Southeast Asia\u2019s largest property companies\r\n

<\/p>\r\nSM Investments<\/strong> partners with NEO<\/strong> (formerly NET Group) to expand its green office portfolio<\/strong>\r\n

<\/p>\r\nSM Retail<\/strong> and SM Prime<\/strong> enter into a joint venture with WalterMart<\/strong> for community malls\r\n

<\/p>\r\nSM-controlled Belle Corp.<\/strong> partners with Melco Crown<\/strong> to develop City of Dreams Manila<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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2014 <\/p>\r\n

<\/div>\r\nSM Investments<\/strong> issues its first offshore bond<\/strong>, a USD350 million\r\n10-year US dollar note\r\n

<\/p>\r\nChinabank<\/strong> acquires Planters Development Bank<\/strong>, becoming the 5th largest private universal bank<\/strong> in the country\r\n

<\/p>\r\nSM-Alfamart joint venture<\/strong> opens its first minimart in the Philippines<\/strong>\r\n

<\/p>\r\nSM North EDSA<\/strong> becomes SM\u2019s first solar-powered mall<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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2015 <\/p>\r\n

<\/div>\r\nSM Investments<\/strong> is listed on the Forbes Global 2000 Companies<\/strong>\r\n

<\/p>\r\nSM Seaside City Cebu<\/strong> opens as a landmark development in Visayas<\/strong>\r\n

<\/p>\r\nBDO<\/strong> acquires One Network Bank<\/strong>, renaming it to BDO Network Bank<\/strong> to extend financial services to underserved communities and MSMEs\r\n

<\/p>\r\nSM Investments<\/strong> releases its first Sustainability (ESG) Report<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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2016 <\/p>\r\n

<\/div>\r\nSM<\/strong> consolidates specialty retail formats under SM Retail, Inc.<\/strong>\r\n

<\/p>\r\nConrad Manila<\/strong> opens at the Mall of Asia complex\r\n

<\/p>\r\nSM City Tianjin in China<\/strong> opens as SM\u2019s largest mall outside the Philippines<\/strong>\r\n

<\/p>\r\nBDO<\/strong> gains full ownership of Generali Pilipinas Life, forming BDO Life<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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2017 <\/p>\r\n

<\/div>\r\nSM Investments<\/strong> reaches PHP1 trillion in market capitalization<\/strong> on the Philippine Stock Exchange\r\n

<\/p>\r\nJose T. Sio<\/strong> is appointed Chairman<\/strong> and Frederic C. DyBuncio<\/strong> is appointed President and CEO of SM Investments<\/strong>, marking a major step in strengthening professional, non-family leadership <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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2019 <\/p>\r\n

<\/div>\r\nSM Foundation<\/strong> reaches one million patients<\/strong> served through its medical missions nationwide <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n
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2020 <\/p>\r\n

<\/div>\r\nThe SM Group mobilizes its ecosystem for community resilience during the COVID-19 pandemic:\r\n
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  • SM Supermalls<\/strong> waives a total of PHP233 billion in rental fees and other charges for its tenants<\/li>\r\n \t
  • SM Markets<\/strong> adjusts its operations to ensure access to essential goods<\/li>\r\n \t
  • SM Foundation<\/strong> distributes nearly 1 million Kalinga Packs and conducts over 780 relief missions<\/li>\r\n \t
  • Malls and logistics<\/strong> support the national vaccination program, enabling nearly 10.5 million vaccine doses nationwide<\/li>\r\n \t
  • BDO and Chinabank support hundreds of thousands<\/strong> of customers by implementing large-scale loan payment extensions and waiving digital transaction fees<\/li>\r\n<\/ul> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n
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    2021 <\/p>\r\n

    <\/div>\r\nSM Investments<\/strong> becomes the majority owner of Goldilocks Bakeshop<\/strong> in food manufacturing and 2GO Group in logistics <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n
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    2022 <\/p>\r\n

    <\/div>\r\nSM refreshes its brand icon<\/strong>, streamlining the Group\u2019s visual identity across\r\nbusinesses\r\n

    <\/p>\r\nSM Investments acquires full ownership<\/strong> of the Philippine Geothermal Production<\/strong>\r\nCompany, Inc. (PGPC)<\/strong>, expanding its renewable energy portfolio\r\n

    <\/p>\r\nSM Store<\/strong> launches the Green Finds program<\/strong>, promoting more sustainable\r\nproduct choices\r\n

    <\/p>\r\nWatsons<\/strong> marks 20 years in the Philippines<\/strong> with SM<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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    2023 <\/p>\r\n

    <\/div>\r\nAmando M. Tetangco, Jr.<\/strong> is appointed the first independent Chairman of SM Investments<\/strong>, with Jose T. Sio as Chairman Emeritus<\/strong>.\r\n

    <\/p>\r\nSM Advantage Card (SMAC)<\/strong> reaches 10 million members <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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    2024 <\/p>\r\n

    <\/div>\r\nThe SM Investments Board<\/strong> becomes majority independent-led<\/strong> with 5 out of 9 directors<\/strong>\r\n

    <\/p>\r\nSM Investments<\/strong> earns its first Five Golden Arrow Award<\/strong> for corporate governance excellence in Asia\r\n

    <\/p>\r\nSM Investments<\/strong> debuts on TIME\u2019s World\u2019s Best Companies<\/strong> list and Fortune\u2019s<\/strong> inaugural Southeast Asia 500<\/strong>\r\n

    <\/p>\r\nSM Investments<\/strong> and SM Prime<\/strong> establish a USD3.0 billion EMTN<\/strong>\r\nprogram<\/strong> in Singapore\r\n

    <\/p>\r\nSM Foundation<\/strong> completes the rehabilitation of 200 health centers nationwide<\/strong>\r\n

    <\/p>\r\nAlfamart<\/strong> opens its 2,000th minimart<\/strong> in its 10th year<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n \r\n

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    2025 <\/p>\r\n

    <\/div>\r\nSM Investments<\/strong> marks its 20th year as a listed company<\/strong> <\/p>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n \r\n <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div> \r\n