Philippine Billionaire Sy Family’s SM Investments Sets $1 Billion Record Stock Buyback
SM Investments—the holding company of the family of the late retail billionaire Henry Sy Sr—will spend $1 billion to buy back its shares, which are trading at a two-year low.
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Philippine Billionaire Sy Family’s SM Prime Earmarks $1.7 Billion To Expand Property Footprint
SM Prime Holdings—controlled by the family of the late retail billionaire Henry Sy Sr.—will spend 100 billion pesos ($1.7 billion) this year to expand its property footprint across the Philippines.
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Sy family enters Asia’s top 20 wealthiest
Bloomberg ranked the family of the late taipan Henry Sy Sr. as the 19th richest family in the region, with a wealth of $15.1 billion. Starting from a small shop in downtown Manila, the SM Group ...