(02 April 2019. Pasay City, Philippines) SM won seven awards from Hong Kong’s Corporate Governance Asia magazine.
During the 14th Corporate Governance Asia (CG Asia) Recognition Awards, cited for Asia’s Icons of Corporate Governance are SM Investments Corporation (SM) for the 13th consecutive year, BDO Unibank, Inc. (BDO) for the 14th straight time and SM Prime Holdings, Inc. (SM Prime) for the 8th year.
The Icons of Corporate Governance is the highest accolade that CG Asia bestowed on companies which have consistently made the honor rolls in the magazine’s annual awards.
SM also garnered individual awards. Cited for Asian Corporate Director Recognition are the following: SM Chairman of the Board Jose T. Sio; SM Vice Chairperson and concurrently BDO Chairperson Teresita Sy-Coson, BDO President Nestor V. Tan; and SM Prime President Jeffrey C. Lim.
This recognition is for outstanding corporate directors from boards of public and private companies in Asia who have been leaders in guiding their respective boards and executive management in growing their companies, while maintaining the ethics intact.
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 7th 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) 857-0100 local 1039