• "Life is a dream for the wise, a game for the fool, a comedy for the rich, a tragedy for the poor."

    SM Prime Holdings, Inc. (SMPH) Profile


    SM Prime Holdings, Inc. (SMPH) was incorporated on January 6, 1994 to develop,conduct, operate and maintain the business of modern commercial shopping centersand all related businesses. The Company's main sources of revenues include rentalincome from leases in mall and food court, cinema ticket sales and amusement incomefrom bowling and ice skating. As of December 31, 2010, SMPH has 40 SM Supermalls inthe country, eight of which were operated by the Company's subsidiaries, and three SMSupermalls in China.SMPH's subsidiaries are First Asia Realty Development Corporation, Premier Central,Inc., Consolidated Prime Dev. Corp., Premiere Southern Corp., San Lazaro HoldingsCorporation, First Leisure Ventures Group, Inc., Southernpoint Properties Corp., MegaMake Enterprises Limited, Affluent Capital Enterprises Limited, SM Land (China) Limited,and Springfield Global Enterprises Limited.

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    Welmar Villanueva Chavez was born in Cadiz City Negros Occidental in 1984,the first son of Wilson and Ma. Ofelia Chavez. He graduated from the University of St. La Salle Bacolod City with the Bachelors Degree of Electronics & Communication Engineering.
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