As investors, we ensure that we know where we put our money so we do a little research on the

background and business of the company we will be investing in.In our Stock Favorite today, we will
feature one of the companies we are investing in. It is one of the companies that is very much familiar
for Filipinos. Adding to our list is the very famous SM Prime Holdings (SMPH) because they conducts,
operates and maintains modern commercial shopping centers. It operates through the following
segments: Malls, Residential, Commercial, and Hotels and Convention Centers. The Mall segment
develops, conducts, operates and maintains the business of modern commercial shopping centers and all
businesses related thereto such as the conduct, operation and maintenance of shopping center spaces for
rent, amusement centers, or cinema theaters within the compound of the shopping center

The economy is beginning to reopen as COVID-19 status improves in key sites

throughout the Philippines, particularly in Metro Manila. SM Prime Holdings Inc., managed by Sy, is
pressing forward with the opening of its new mall in Metro Manila, banking on the region's economy
improving and transportation limitations dissipating. More than 116,000 square meters (sqm) of gross
floor area will be added to the company's mall portfolio with this latest acquisition (GFA). More than
700 parking spaces, four digital cinemas, two Director's Club cinemas, two Regular cinemas, Foodcourt,
Cyberzone, DFA Satellite Office, Chapel of Our Lady of the Most Holy Rosary, and The Skylight Park
indoor garden are all available. SM Prime stock closed at P36.60 per share on Friday, up 1.8 percent over
the previous week. Year to date, the stock has lost 4.94 percent of its value. The number of new COVID-
19 infections has risen to 899, according to the Health Department.
SMPH is the property developer arm of SM Group. It is one of the largest integrated
property developers in South East Asia. The company has 74 malls in the Philippines and 7 in China. In
addition, SMPH also develops and manages residential properties, commercial and office buildings,
hotels, and convention centers. SMPH is the largest real estate company in the PSE in terms of market
cap (in trillion). Therefore, it gives the power to use enough funds to continue expanding and innovating
its business and future property projects. SMPH also has strong fundamentals. Its total revenue of
118.31 billion last year and 13% total shareholder returns also boost investors’ confidence.