SM Investments’ 20th-anniversary listing: A legacy of trust
MANILA, Philippines – SM Investments Corporation (SM Investments), the Philippines’ second-biggest conglomerate in terms of market capitalization, is marking its 20th listing anniversary (it was listed on March 22, 2005) with a ceremony in the Philippine Stock Exchange on Monday, March 24. It commemorates two decades of relations between the company founded by the late Henry Sy Sr. and the investing public. But the story of SM Investments goes back longer than this. It started in 1936 when a young Henry Sy, just 12 years old, boarded a ship from...