That is the title of SM Prime Holdings Inc.’s first-ever integrated report presented during its annual stockholders meeting last week. According to SM Prime President Jeffrey Lim, the Integrated Report 2020 translates the listed company’s business cycle into a concise, thorough, and transparent document combining both financial and non-financial information into one report.
“It highlights how SM Prime remains productive even through times of crisis by keeping our businesses stable, supporting our partners, and continually contributing to nation-building,” he said at the virtual meeting. In previous years, the firm’s annual financial report was published separately from its sustainability report that adheres to the Global Reporting Initiative (GRI) standards.
SM Prime decides to maintain its capital expenditures for 2021 at ₱80 billion. The integrated property developer likewise elects three new independent directors to its board, which include former Bangko Sentral ng Pilipinas governor Amando Tetangco Jr.
SM Prime sticks to P80-B capex; Tetangco joins board mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Additional acquisitions in Gotianun-owned EastWest Bank – The Manila Times manilatimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilatimes.net Daily Mail and Mail on Sunday newspapers.