Sector (GICS)
Consumer Discretionary
SM Investments Corporation, together with its subsidiaries, invests in retail, banking, and property businesses in the Philippines. It operates through Property, Retail, Banking, and Portfolio Investments segments. The Property segment operates malls, hotels, and convention centers; leasing of commercial spaces; and the development of integrated communities comprising residential, lifestyle, retail, commercial, and leisure properties. The Retail segment engages in the retail and wholesale trading of merchandise, including dry goods, wearing apparel, food, and other consumer products. The Banking segment offers lending and deposit-taking products; trust and investments; credit cards; and foreign exchange, brokering, corporate cash management, remittances, leasing and financing, private banking, rural banking, life insurance, insurance brokerage, thrift bank, and stock brokerage services. The Portfolio Investments segment develops resort destinations and leisure properties; engages in metallic mineral exploration and mining activities; develops commercial office buildings; and provides shipping and logistic solutions. This segment also develops and operates dormitories; develops and operates community malls; provides baked goods and home cooked food; offers end-to-end logistics solutions and express courier services; and operates geothermal steam fields. It is also involved in leasing of office buildings business. SM Investments Corporation was founded in 1958 and is based in Pasay City, the Philippines.
