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

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Portrait de Henry Sy
Age : 93
Public asset : 1,506,195,101 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
33,740,5772.80%669,134,013 USD
SM Prime Holdings, Inc. (SMPH)
Real Estate Development & Operations
400,571,5271.39%300,909,331 USD
China Banking Corporation (CHIB)
Banks
416,632,46515.5%277,923,018 USD
Belle Corporation (BEL)
Real Estate Development & Operations
1,629,625,46915.5%126,654,491 USD
Far Eastern University, Incorporated3,599,39121.8%69,219,060 USD
Ayala Corporation (AC)
Real Estate Development & Operations
1,500,9120.24%30,517,338 USD
BDO Unibank Inc (BDO)
Banks
6,213,8850.14%20,414,228 USD
San Miguel Corp (SMC)
Oil & Gas Refining and Marketing
3,457,0000.15%7,728,400 USD
Premium Leisure Corp (PLC)
Leisure & Recreation
128,270,0000.41%3,468,421 USD
Apollo Global Capital, Inc.270,000,0000.098%226,800 USD


Henry Sy : Personal Network 
NameLinked companies
Teresita T. Sy-Coson SM Investments Corporation
SM Prime Holdings, Inc.
BDO Unibank Inc
SM Land, Inc.
First Asia Realty Development Corp.
Sysmart 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.
Gema Ong Cheng SM Investments Corporation
SM Prime Holdings, Inc.
SM Land, Inc.
Marianne Malate-Guerrero SM Investments Corporation
SM Prime Holdings, 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 
PCIB Properties, Inc.
Sodexho Pass, Inc.
BDO Realty Corp.
Morrison Corp.
Prime Metroestate, Inc.


Latest news about Henry Sy  
2017 CK HUTCHISON : Asian Tycoons Look to Heirs -- WSJ
2017 AYALA : Manila Challenges Big Firms -- WSJ
2017 Life Inside a Conglomerate
2016 SM INVESTMENTS : Secures More Stores For Retail Unit
2015 Philippines' Richest Man Raises Bet on Chinese Consumers
2015 SM INVESTMENTS : Philippines' Richest Man Targets China's Middle Class With New Malls
2015 SM PRIME : Can Withstand Weak Property Market -- Chairman
More news


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