COMPANY PROFILE
SM DEVELOPMENT CORPORATION
SMDC is a fast-growing residential property developer focusing on the premium middle market, expertly balancing key housing factors of quality, style, durability, and affordability.
SM’s property business showed significant growth in 2009, gaining more traction in residential, commercial, tourism, and hotel development. For the year, the group achieved impressive financial results. SMDC has many ongoing projects. In addition to the Chateau Elysee at Bicutan Paranaque City, Sea Residences in Pasay City and the Field Residences in Sucat, Parañaque which were unveiled in 2008. Other projects are as follows: Sun Residences in Welcome Rotonda, Grass Residences at SM North EDSA, Light Residences at Boni MRT Station, Mezza Residences at SM Centerpoint Sta. Mesa, Princeton at New Manila, Jazz Residences at Makati City, Berkeley Residences at Katipunan Ave. Quezon City, and Wind Residences at Tagaytay City.
SM’s property business showed significant growth in 2009, gaining more traction in residential, commercial, tourism, and hotel development. For the year, the group achieved impressive financial results. SMDC has many ongoing projects. In addition to the Chateau Elysee at Bicutan Paranaque City, Sea Residences in Pasay City and the Field Residences in Sucat, Parañaque which were unveiled in 2008. Other projects are as follows: Sun Residences in Welcome Rotonda, Grass Residences at SM North EDSA, Light Residences at Boni MRT Station, Mezza Residences at SM Centerpoint Sta. Mesa, Princeton at New Manila, Jazz Residences at Makati City, Berkeley Residences at Katipunan Ave. Quezon City, and Wind Residences at Tagaytay City.
Corporate Head Office
One E-com Center, 10th Floor Harbor Drive
Mall of Asia Complex, CBP-IA
Pasay City 1300, Philippines
Legal Counsel
SyCip, Salazar, Hernandez, and Gatmaitan Law Offices
4th Floor, Sycip Law All Asia Center
105 Paseo de Roxas, Makati City
External Auditor
SyCip, Gorres, Velayo & Co. CPAs
6760 Ayala Avenue, Makati City
Stockholder Inquiries
SM Development Corporation’s common stock is listed and traded on the Philippine Stock Exchange under the symbol ‘SMDC’.
Stock Transfer Services, Inc.
8th floor, Phinma Plaza
39 Plaza Drive, Rockwell Center
Makati City 1200 Philippines
Tel. (632) 898.7555
(632) 898.7597
Board of Directors:
HENRY SY SR.(Chairman of the Board)
He is the founder of the SM Group and is currently Chairman Emeritus of Banco de Oro Unibank, Inc., Honorary Chairman of China Banking Corporation, Chairman of SM Prime, SM Land, Inc. (formerly Shoemart Inc.), SM Development, and Highlands Prime, Inc., among others.
Mr. Sy opened the first Shoe Mart store in1958 and has since evolved into a dynamic group of companies with four lines of businesses - shopping malls, retail merchandising, financial services, and real estate development and tourism.
HENRY SY SR.(Chairman of the Board)
He is the founder of the SM Group and is currently Chairman Emeritus of Banco de Oro Unibank, Inc., Honorary Chairman of China Banking Corporation, Chairman of SM Prime, SM Land, Inc. (formerly Shoemart Inc.), SM Development, and Highlands Prime, Inc., among others.
Mr. Sy opened the first Shoe Mart store in1958 and has since evolved into a dynamic group of companies with four lines of businesses - shopping malls, retail merchandising, financial services, and real estate development and tourism.
HENRY SY SR.- OWNER AND FOUNDER OF SM Development Corporation.
- 1st Chinese-Filipino recipient of the PCE Big Brother of Filipino Entrepreneurs award (2006)
- 1st Chinese-Filipino recipient of the PRA President's Award (2005)
- Founder of SM Department Store (Shoe Mart, 1958)
- Owner of SM Investments Corp.
- "Father of Philippine Retailing"
Number 1 in the List of FORBES magazine as the richest man in the Philippines.
Chinese Filipino businessman and the founder of SM Group and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines. He earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950. Acknowledged as the country’s "Retail King," he has come a long way from the modest shoe store he set up in Quiapo in 1946, to become Asia's biggest shopping mall operator with over 30 malls throughout the Philippines.
