SM plans future listing of China malls

SM Investments is planning to list its China mall portfolio either in Singapore or Hong Kong once it has built up critical mass.

SM plans future listing of China malls

SM Investments, a holding company controlled by Philippines' powerful Sy family, plans to spin off its malls in China into a real estate investment trust or public offering, once it has built up a big enough portfolio.

“The long-term plan is that as soon as we have enough malls, then we can separately list the China malls, either in Hong Kong or Singapore,” Jose Sio, chief finance officer of SM, told FinanceAsia in...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: sm investments | henry sy | jose sio

Print Edition

FinanceAsia Print Edition