Business
SM companies among Top 5 in ASEAN good governance
The Association of Southeast Asian Nations (ASEAN) Capital Market Forum (ACMF) recognized SM Investments Corporation, the parent firm of the SM group, and its property arm, SM Prime Holdings, Inc. among the Top 5 Philippine publicly listed companies (PLCs) and Top 50 ASEAN PLCs.
About this update from Sm Energy Company
[{"type":"text","content":"PASAY CITY, Philippines, Aug. 19, 2025 /PRNewswire/ -- The Association of Southeast Asian Nations (ASEAN) Capital Market Forum (ACMF) recognized SM Investments Corporation, the parent firm of the SM group, and its property arm, SM Prime Holdings, Inc. among the Top 5 Philippine publicly listed companies (PLCs) and Top 50 ASEAN PLCs.","length":334,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/SM Investments Corporation)","displaySize":"","headline":null,"caption":"(PRNewsfoto/SM Investments Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/c016c2be0a9570818a56e90c568a5561"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/4Yrng8HFLgJlT95YKGoMyQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/c016c2be0a9570818a56e90c568a5561","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/1880730/Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"SM's banking arm, BDO Unibank, Inc. ranked among the Top 50 ASEAN PLCs. Among the six Philippine PLCs awarded, three were from the SM group. BDO was the only Philippine bank to earn a spot on the Top 50 list.","length":212,"tagName":"p"},{"type":"text","content":"In addition, China Banking Corporation (Chinabank), another financial institution under the SM group, was also named to the ASEAN Asset Class of publicly listed companies, an honor given to firms that have achieved consistently high scores under the ASEAN Corporate Governance Scorecard (ACGS).","length":294,"tagName":"p"},{"type":"text","content":"Anchored on the 2024 ACGS Regional Assessment, this is the second time the organization affirmed SM's corporate governance standards at par with internationally-accepted best practices after both SM Investments and SM Prime secured the top 5 spots in the Philippine Asset class and top 20 ASEAN Publicly Listed Companies in the 2022 awarding ceremony.","length":355,"tagName":"p"},{"type":"text","content":""Good governance is essential to long-term value creation. We continue to align our governance practices with global standards to help build trust and deliver sustainable outcomes for our stakeholders and the communities we serve." said Frederic C. DyBuncio, President and Chief Executive Offi...