PAPASIN, Daveben P.

General Mathematics 11

Grade 11 Caracas

Ms. Queen Charlotte Andaya

SM INVESTMENTS CORP.
SM Prime Holdings is the parent company of
the
SM
Group's
shopping
malls,
the
largest shopping mall and retail operator in
the Philippines. It was incorporated on January 6,
1994
by Filipino-Chinese entrepreneur Henry
Sy to develop, conduct, operate and maintain the
SM commercial shopping centers and all
businesses-related thereto, such as the lease of
commercial spaces in the compound of shopping
centers. It went public on July 5, 1994 and subsequently grew, becoming the largest
company listed on the Philippine Stock Exchange in terms of revenue. The
company's main sources of revenues include rental income from mall and food
courts, cinema ticket sales, and amusement income from bowling and ice-skating.
SM Prime is currently one of the largest shopping mall chains in the world, with 40
supermalls built and eight proposed or under construction malls. Its largest mall,
which at first, is the largest mall for a 15-year period, is the SM Megamall. Alongside
is the once-largest mall in the country, SM Mall of Asia and the very first SM
mall, SM City North EDSA.

Entrepren
Details that pushes me to Invest in this Company
As an Investor, I may be looking at different factors where in my money can
grow a lot possible. I am a type of Investor wherein I dont look at one detail, I look
on different ways where can my money grow. SM Prime Holdings operatres the
following and that what took me in pushing me to invest in this company.

The SM Store - is the foundation of SM, as well as the lifestyle and fashion
chain. SM holds more than 50 SM Department Stores nationwide.

SM Supermarket - is the supermarket chain. It offers food and non-food

products.

SaveMore Market
SM Hypermarket - is a retail chain, offering wet market, grocery, general
merchandise, and discount products.

Pilipinas Makro, Inc. (Makro) - is a once-retail chain, but now a member of

SM Group.
Banking

Banco De Oro

China Banking Corporation

Real estate property

SM Development Corporation (SMDC) - is a residential property

developer which focuses on the premium middle market. SMDC now operates
SM Residences and MPlace.

Highlands Prime, Inc. - is a residential developer in Tagaytay Highlands, a

mountainside resort and residential complex.

Mall of Asia Complex - is an alternative business and tourism district, as

well as the home of the SM Mall of Asia, SMX Convention Center (the largest
private venue in Philippines), OneE-com Center and Mall of Asia Arena (one of
the largest private sports venue in Philippines). The Mall of Asia Complex
occupies 60 hectares of land along the coast of Manila Bay, offering locations for
business, tourism, retail, and leisure projects.

Hamilo Coast - is a large-scale eco-tourism project to develop in phases

5,700 hectares of land by the sea in Nasugbu, Batangas into a network of
coastal resort communities.

Since November 2014, the consortium of SM Investments and the family of

Francisco Ortigas owns 37% of OCLP Holdings, the parent of Ortigas & Company.
Mining

Atlas Consolidated Mining and Development Corporation - is engaged in gold

mining operations.

Hospitality and convention

SM Hotels and Conventions - now operates Taal Vista Hotel in Tagaytay

City, Radisson Hotel Cebu, Pico Sands at Pico de Loro in Nasugbu, and
Megatrade Hall in Mandaluyong City and Cebu.

SMX Convention Center (SMX) - is a convention center located within

the Mall of Asia complex for hosting conventions, seminars, and conferences. Its
first branch opened on November 26, 2007. It also has branches in SM Lanang
Premierin Davao City and SM Aura Premier in Taguig City, which opened on
September 12, 2012, and May 17, 2013 respectively. It will soon open in SM City
Bacolod in September 2014, SM Seaside City Cebu in 2015 and in SM City Clark.

SM Mall of Asia Arena - is a venue which hosts concerts and other big
events, opened on June 16, 2012. Its seating capacity is 16,000 and it hosted
the 2013 FIBA Asia Championship. It is one of the largest arenas in the
Philippines. In 2013, the SM Group announced that there will be another arena of
a different name in SM Seaside City Cebu in Cebu City.[5]
Gaming

Belle Corporation - is Henry Sy's foray in the gaming industry in

the Philippines, hoping to capitalize the future of Pagcor's entertainment city.

Why did you invest in this company? How much did you invest? Why?
I've been hearing about SM Corporation since I was a kid. Their company
owns various sub-companies or subsidiaries and still, ranks as one of the largest
earning and serving company. Their company doesn't focus on one business, that's
what I like about their company like if they failed on a certain field, other subcompany will not eventually fail.
The Group re-assesses whether or not it controls an investee if facts and
circumstances indicate that there are changes to one or more of the three elements
of control. Consolidation of a subsidiary begins when the Group obtains control over
the subsidiary and ceases when the Group loses control of the subsidiary. Assets,
liabilities, income and expenses of a subsidiary acquired or disposed of during the
year are included or excluded in the consolidated financial statements from the date
the Group gains control until the date the Group ceases to control the subsidiary.
Profit or loss and each component of other comprehensive income (OCI) are
attributed to the equity holders of the parent of the Group and to the noncontrolling interests, even if this results in the non-controlling interests having a
deficit balance. When necessary, adjustments are made to the financial statements
of subsidiaries to bring their accounting policies in line with the Groups accounting
policies. All intra-group assets and liabilities, equity, income, expenses and cash
flows relating to transactions between members of the Group are eliminated in full
on consolidation.