C PR: Mall of Asia Complex Grows Business Hub

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SEC Registration Number
S M
I N V E S TME N T S
COR P OR A T I O N
A N D
S U
DB S I D I A R I E S
(Company’s Full Name)
1 0 t h
F l o o r ,
b o r
D r i v e ,
C B P - I A ,
O n e
M a l l
P a s a y
E - C o m
C e n t e r ,
o f
A s i a
C i t y
1 3 0 0
H a r
C o m p l e x ,
(Business Address: No. Street City/Town/Province)
Ma. Ruby Ll. Cano
857-0131
(Contact Person)
(Company Telephone Number)
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Month
Day
1 7 - C
(Form Type)
(Fiscal Year)
0 4
2 7
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Day
(Annual Meeting)
(Secondary License Type, If Applicable)
Dept. Requiring this Doc.
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SM INVESTMENTS CORPORATION
(Company’s Full Name)
10th Floor, One E-Com Center, Harbor Drive,
Mall of Asia Complex, CBP-IA, Pasay City 1300
(Company’s Address)
857-0100
(Telephone Number)
December 31
(Year Ending)
(month & day)
SEC Form 17-C
PRESS RELEASE
Form Type
Amendment Designation (If applicable)
Period Ended Date
(Secondary License Type and File Number)
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16342
SECURITIES AND EXCHANGE COMMISSION
SEC FORM 17-C
CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE (SRC)
AND SRC RULE 17(a)-1(b)(3) THEREUNDER
1. February 03, 2011
Date of Report
2. SEC Identification Number 0000016342
3. BIR Tax Identification No. 000-169-020-000
4. SM INVESTMENTS CORPORATION
Exact name of registrant as specified in its charter
5. PHILIPPINES
Province, country or other
jurisdiction of incorporation
6.
(SEC Use Only)
Industry Classification Code:
7.
10th Floor, One E-Com Center, Harbor Drive, Mall of Asia Complex, CBP-IA,
Pasay City 1300
Address of principal office
Postal Code
8.
(632) 857-0131
Registrant's telephone number, including area code
9. _____________________________________________________
Former name or former address, if changed since last report
10. Securities registered pursuant to Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock
Outstanding and Amount of Debt
Outstanding
COMMON STOCK, P10 PAR VALUE
611,982,669
............................................................................................................................................
............................................................................................................................................
11. Indicate the item numbers reported herein: ITEM #9.
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Press Release
Mall of Asia Complex Grows Business Hub with SM Land’s Two E-ComCenter
(03 February 2011. Pasay City, Philippines.) SM Land, a subsidiary of SM Investments
Corporation, sustains the growth of a burgeoning BPO-centric business hub in Pasay City with
the development of TwoE-comCenter, the second in a series of four office buildings strategically
located within the Mall of Asia Complex (MOAC). Two E-com will have approximately 68,000
sqm of office and retail space and will be fully operational by the first quarter of 2012. The
building was designed by world-renowned architectural firm Arquitectonica to especially suit the
needs of business process outsourcing companies and their employees that require highly
specialized technological support systems and lifestyle services that cater to a 24 by 7 work
week.
TwoE-comCenter boasts of a unique twin-tower design interconnected at its topmost floors—a
first in the Philippines. The iconic building will also be connected to the SM Mall of Asia. The
fourth level will contain a podium with lush greenery and landscaping, al fresco dining and retail
areas, along with additional office spaces. This will be accessible from the ground level through
scenic escalators and staircases. More retail areas will likewise be available at the ground floor.
Developed by SM Land under its Commercial Properties Group, the modern E-com buildings are
strategically located within a complex that is just a few minutes away not only from the Ninoy
Aquino International Airport, but also from the major seaports North and South Harbors. They
are also highly accessible to mass transport systems such as the LRT and MRT, and buses that go
through the main EDSA thoroughfare.
In 2007, the OneE-comCenter was launched and is now 98% occupied by anchor tenants such as
BPO firms Affiliated Computer Services (ACS), EXL, and Legispro; shipping lines Maersk and
American President Lines (APL); and maritime staffing firms MOF Company and OSTE
Crewing.
“Next wave” City Locations
In the past few years, the local BPO industry has identified the trend toward “next wave”
locations, or key areas of growth within Metro Manila and even provincial and regional centers,
as opposed to heavy concentration of BPO operations within the traditional central business
districts of Makati, Ortigas and Alabang.
SM Land is in a unique position to leverage on this trend—to synergize its resources within the
masterplanned Mall of Asia Complex in Pasay City by creating a prime destination that is highly
suited to meet the requirements of the BPO industry,” explains David Rafael, senior vice
president of the Commercial Properties Group. “What we offer within MOAC is a one-stop
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location for BPO employees, one that is safe and highly convenient, where transport, commercial
establishments, and residential options are available and affordable. We are creating an
environment that will ultimately help BPOs grow their business by making their employees
happy,” adds Rafael.
MOAC is owned and managed by SM Land’s Commercial Properties Group. Its anchor tenants
and attraction, the SM Mall of Asia with its Manila Bay setting , and the SMX Convention
Center are some of the top draws for tourism and business alike. The SM Mall of Asia is the
world’s fourth largest mall and hosts a number of pioneering recreational facilities in the country
such as the first IMAX 3D theater and the largest indoor skating rink. Hospitality establishments
include the 15-story, 150-room Microtel Inns & Suites. Not too far away is Sea Residences, a
mid-rise condominium development by SM Land subsidiary, SM Development Corporation
(SMDC).
A perspective of SM Land’s TwoE-comCenter to rise within the Mall of Asia Complex in Pasay
City. The building’s iconic design is by global architecture firm Arquitectonica, and features
twin-towers interconnected at its topmost floors—a first in the Philippines. The fourth level will
contain a podium with lush greenery and landscaping, al fresco dining and retail area.
— End —
For further information, please contact:
Mr. Joselito Cruz, Marketing Manager
SM Land, Inc.
Tel. No.: 857-0100 local 1131
E-mail: joel.cruz@sm-land.com
Ms. Corazon Guidote
Vice President, Investor Relations
SM Investments Corporation
Tel. No.: 857-0117
E-mail: cora.guidote@sminvestments.com
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SIGNATURE
Pursuant to the requirements of the Securities Regulation Code, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
SM INVESTMENTS CORPORATION
Registrant
___________________
Jose T. Sio
Date: 03-February-11
Executive Vice President
and Chief Financial Officer
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