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4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

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Portrait de Henry Sy
Age : 92
Public asset : 1,335,772,074 USD
Country of residence : Unknown
Linked companies : SM Prime Holdings, Inc. - SM Investments Corporation - BDO Unibank Inc

Summary 
Mr. Henry Sy, Sr., is Chairman-Emeritus at SM Investments Corp., Chairman at SM Land, Inc., Chairman at First Asia Realty Development Corp., Chairman at Highlands Prime, Inc., Chairman at Sysmart Corp. and Non-Executive Chairman at SM Development Corp.

He is on the Board of Directors at SM Prime Holdings, Inc., SM Investments Corp. and BDO Unibank, Inc. Mr. Sy was previously employed as Chairman & President by SM Keppel Land, Inc.

He also served on the board at China Banking Corp.

He received his undergraduate degree from Far Eastern University /PH/.


Current positions of Henry Sy  
NameTitle Since
SM Prime Holdings, Inc.
(Real Estate Development & Operations)
Chairman-Emeritus 1994
SM Investments Corporation
(Other Specialty Retailers )
Chairman-Emeritus 1960
BDO Unibank Inc
(Banks)
Chairman-Emeritus -
Highlands Prime, Inc. Chairman -
SM Development Corp. Non-Executive Chairman -
Sysmart Corp. Chairman -
SM Land, Inc. Chairman 1958
First Asia Realty Development Corp. Chairman -


Holdings of Henry Sy  
NameEquities%Valuation
SM Investments Corporation (SM)
Other Specialty Retailers
33,699,5702.80%536,281,477 USD
China Banking Corporation (CHIB)
Banks
385,180,85415.5%280,145,887 USD
SM Prime Holdings, Inc. (SMPH)
Real Estate Development & Operations
423,171,5271.47%276,745,715 USD
Belle Corporation (BEL)
Real Estate Development & Operations
1,629,625,46915.5%123,688,573 USD
Far Eastern University, Incorporated3,599,39121.8%69,191,633 USD
Ayala Corporation (AC)
Real Estate Development & Operations
1,500,9120.24%25,282,908 USD
BDO Unibank Inc (BDO)
Banks
5,440,8990.12%13,370,411 USD
San Miguel Corp (SMC)
Oil & Gas Refining and Marketing
3,457,0000.15%7,125,015 USD
Premium Leisure Corp (PLC)
Holding Companies
128,270,0000.41%3,940,454 USD


Henry Sy : Personal Network 
NameLinked companies
Henry Sy SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
SM Land, Inc.
Highlands Prime, Inc.
SM Development Corp.
Teresita T. Sy-Coson SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
SM Land, Inc.
First Asia Realty Development Corp.
Sysmart Corp.
Hans Sy SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
SM Land, Inc.
Sysmart Corp.
Highlands Prime, Inc.
SM Development Corp.
Harley Sy SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
SM Land, Inc.
Elmer B. Serrano SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
Elizabeth T. Sy SM Investments Corporation
SM Prime Holdings, Inc.
SM Land, Inc.
SM Development Corp.
Virginia A. Yap SM Investments Corporation
SM Land, Inc.
SM Development Corp.
Highlands Prime, Inc.
Herbert T. Sy SM Prime Holdings, Inc.
SM Land, Inc.
Jose T. Sio SM Investments Corporation
First Asia Realty Development Corp.
Corazon I. Morando SM Investments Corporation
SM Prime Holdings, Inc.
SM Development Corp.
Sysmart Corp.
Highlands Prime, Inc.


Biography of Henry Sy  
Henry Sy, Sr. (|p=Shī Zhìchéng|poj=Si Chì-sêng}}; born December 25, 1924) is a Chinese Filipino businessman with interests in retailing, real estate, hospitality, banking, mining, education including healthcare services. He pioneered the establishment of SM Malls, anchored by Shoemart Department Store and Supermarket earning him the title, the Philippines' Retail King. He is the chairman of SM Prime Holdings, Inc., the holding corporation for all his business interests in his vast business empire. In 2011, Forbes Magazine listed him as the richest man in the Philippines.

He has six children.

Early life
Henry Sy was born to a poor family in Xiamen, China on November 01, 1924. He is the son of Henry H. Sy and Tan O Sia. He immigrated to the Philippines and got his start by selling rejected and overrun shoes from Tondo.

He completed his secondary education in a school now known as Chiang Kai Shek College and earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950.

Career
In 1958, Sy established a small shoe store in Quiapo, Manila that marked the establishment of SM Prime Holdings. In November 1972, the small shoe store became SM Quiapo, SM's first standalone department store.

On December 25, 1985, he established his first SM Supermall, SM City North EDSA.

He is the Philippines' richest man, gaining $5 billion in 2010, amid the global financial crisis. The huge gain was due to his holding company, SM Investments Corporation, which has interests in Banco de Oro, inter alia. Forbes magazine's 2008 list of 40 wealthiest Filipinos, revealed the Sy family's net worth was $6.2 billion. Earlier, he was the second wealthiest individual in the Philippines, next to Lucio Tan, and (as of 2010) 201st in the world.

Sy is considered a tai-pan. The Sy group is the operator of Banco de Oro and owner of Chinabank. In 2006, he bought the remaining 66% of Equitable PCI Bank, the Philippines third largest lender, in which he already had a 34% stake, and merged it with Banco de Oro in 2007. The merger created the Philippines' second largest financial institution with resources of close to $17 billion. Rumors say that the Sy family has a personal stake of $4 billion in these three banks, although there is no sufficient evidence to strongly substantiate that.

Source @ Wikipedia




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Henry Sy : Connections 
National Grid Corp. of the Philippines
Monte Oro Grid Resources Corp.
Tangiers Resources Corp.
Premier Southern Corp.
Highlands Prime, Inc.


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