Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Henry Sy
Age : 92
Public asset : 1,318,111,179 USD
Country of residence : Unknown
Linked companies : SM Investments Corporation - SM Prime Holdings, Inc. - 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. and Chairman at Sysmart Corp.

He is on the Board of Directors at SM Prime Holdings, Inc., SM Investments Corp., BDO Unibank, Inc. and SM Development Corp. 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 Investments Corporation
(Other Specialty Retailers )
Chairman-Emeritus 1960
SM Prime Holdings, Inc.
(Real Estate Development & Operations)
Chairman-Emeritus 1994
BDO Unibank Inc
(Banks)
Chairman-Emeritus -
Highlands Prime, Inc. 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%533,779,621 USD
SM Prime Holdings, Inc. (SMPH)
Real Estate Development & Operations
423,171,5271.47%276,216,751 USD
China Banking Corporation (CHIB)
Banks
385,180,85415.5%271,363,763 USD
Belle Corporation (BEL)
Real Estate Development & Operations
1,629,625,46915.5%117,202,664 USD
Far Eastern University, Incorporated3,599,39121.8%68,231,568 USD
Ayala Corporation (AC)
Real Estate Development & Operations
1,500,9120.24%26,985,332 USD
BDO Unibank Inc (BDO)
Banks
5,440,8990.12%13,514,540 USD
San Miguel Corp (SMC)
Oil & Gas Refining and Marketing
3,457,0000.15%6,755,911 USD
Premium Leisure Corp (PLC)
Holding Companies
128,270,0000.41%4,061,028 USD


Henry Sy : Personal Network 
NameLinked companies
Teresita T. Sy-Coson SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
SM Land, Inc.
Sysmart Corp.
First Asia Realty Development Corp.
Henry Sy SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
SM Land, Inc.
Highlands Prime, Inc.
Hans Sy SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
SM Land, Inc.
Sysmart Corp.
Highlands Prime, Inc.
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
Herbert T. Sy SM Prime Holdings, Inc.
SM Land, Inc.
Jose T. Sio SM Investments Corporation
First Asia Realty Development Corp.
Virginia A. Yap SM Investments Corporation
SM Land, Inc.
Highlands Prime, Inc.
Marianne Malate-Guerrero SM Investments Corporation
SM Prime Holdings, Inc.
Frederic Cuyegkeng DyBuncio SM Investments Corporation
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




Most Read News 
09/19 VINCENT BOLLORÉ : Vivendi shares climb after HSBC upgrades rating on stock
09/20 WARREN BUFFETT : Buffett calls pessimists about United States 'out of their mind'
09/19 FRANÇOIS PINAULT : Pinault's holding group launches Kering 375 million-euro convertible bond offer
09/15DJWARREN BUFFETT : Sheriff
09/19DJJOHN CHAMBERS : Cisco's Chambers Will Step Down -- WSJ
09/18DJJACK MA : Jack Ma-Linked Online Insurer Readies IPO -- WSJ
09/21 LILIANE BETTENCOURT : Billionaire L'Oreal heiress Bettencourt dies aged 94
12:30a DAVID HENRY : Equifax under pressure from banks to shape up
02:05a LILIANE BETTENCOURT : Billionaire L'Oreal heiress Bettencourt dies aged 94
09/19DJELON MUSK : Northrop Grumman Move to Acquire Rocket Maker Reflects Military Space Race
More news


© 2017 People and Ownership :   
Advertisement
Henry Sy : Connections 
PCIB Properties, Inc.
Sodexho Pass, Inc.
Sanford Marketing Corp.
Morrison Corp.
Prime Metroestate, Inc.


Latest news about Henry Sy  
06/21DJCK HUTCHISON : Asian Tycoons Look to Heirs -- WSJ
05/15DJAYALA : Manila Challenges Big Firms -- WSJ
05/14DJLife Inside a Conglomerate
2016DJSM INVESTMENTS : Secures More Stores For Retail Unit
2015DJPhilippines' Richest Man Raises Bet on Chinese Consumers
2015DJSM INVESTMENTS : Philippines' Richest Man Targets China's Middle Class With New Malls
2015DJSM PRIME : Can Withstand Weak Property Market -- Chairman
More news


Popular Business Leaders 
William Ackman Jean-paul Agon Bernard Arnault Liliane Bettencourt Jeff Bezos Vincent Bolloré Warren Buffett Antony Burgmans John Chambers Jean-paul Clozel Gary Cohn Tim Cook Jamie Dimon Ralph Dommermuth John Edwards Emmanuel Faber Carlos Ghosn David Henry Heinrich Hiesinger Carl Icahn Dara Khosrowshahi Robin Li Daniel Loeb Jack Ma Sergio Marchionne Lachlan Murdoch Elon Musk Xavier Niel Indra Nooyi Michael O'leary Kazuo Okada Larry Page Robert Parker John Paulson Nelson Peltz Wolfgang Porsche Thomas Rabe Wilbur Ross Sheryl Sandberg Charles Schwab Vishal Sikka Carlos Slim Pascal Soriot Rupert Stadler John Watson Thomas Wilson Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders