(06 November 2020. Pasay City, Philippines) Philippine conglomerate SM Investments Corporation (SMIC) was cited among the best managed companies in the Philippines by Alpha Southeast Asia magazine based on its 10th annual corporate-institutional poll for 2020.
SMIC topped Best Senior Management Investor Relations Support and has been cited for this award for the sixth consecutive year. SMIC was ranked first in the Best Strategic Corporate Social Responsibility category, its sixth straight year for this award.
Other awards included Most Organized Investor Relations for the ninth year in a row; Most Consistent Dividend Policy for the fourth straight year. SMIC was also the only Philippine company to receive Best Annual Report, its second time to receive the award.
“We thank Alpha Southeast Asia for this recognition and the investor community for its confidence. This gives us much encouragement as we endeavor to uphold good governance and sustainability across our businesses,” SMIC President Frederic C. DyBuncio said.
“As one of Asia’s leading conglomerates, SM Investments Corporation is among a handful of companies that is well positioned given its diversified retail network and company-wide commitment to sustainability, inclusive growth and value creation,” said Siddiq Bazarwala, Publisher, Alpha Southeast Asia.
Alpha Southeast Asia collects votes from investors and analysts across the region as well as US & Europe. It is a monthly magazine primarily written for institutional investors, asset and fund management companies in Hong Kong, Singapore, other parts of Asia, US, Europe and the Middle East. The magazine also has a strong following among the region’s largest local corporates.
About SM Investments Corporation
SM Investments Corporation is a leading Philippine company that is invested in market leading businesses in retail, banking and property. It also invests in ventures that capture high growth opportunities in the emerging Philippine economy.
SM’s retail operations are the country’s largest and most diversified with its food, non-food and specialty retail stores. SM’s property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels and convention centers as well as tourism-related property developments. SM’s interests in banking are in BDO Unibank, Inc., the country’s largest bank and China Banking Corporation, the 6th largest bank.
For more about SM, visit www.sminvestments.com
For further inquiries, please contact:
VP, Planning and Corporate Communications
SM Investments Corporation
Tel. No. (632) 8857-0100