(12 January 2012. Pasay City, Philippines.) To commemorate
and support the 100th founding anniversary of the De La
Salle University (DLSU), SM Investments Corporation (SM)
is donating Php300.0 million to the leading educational
institution for the construction of the Henry Sy, Sr.
Centennial Hall, named after SM's founder
and chairman. All of Mr. Sy's sons were graduates of
the University. To be built inside DLSU's Taft Avenue
campus in Manila, the hall will become a hub for regional
research, a venue for the university's various
activities and gatherings, and a major crossroad
for learning. One of the main features of the hall will
be the Learning Commons, which will house one million
books, making it the Philippines' largest collection of
educational materials in an academic setting.
During the signing of the memorandum of agreement, DLSU's
Bro. Narciso Erguiza, FSC said, "I would like to
acknowledge the Sy family, who has been a constant,
staunch supporter of De La Salle University's mission.
Our university is honored to be the alma mater of Henry
Sr.'s sons, namely Henry, Jr. and Herbert who both graduated
with a degree in Business Management; Hans, who studied
Mechanical Engineering, and Harley, who holds a degree
in Management of Financial Institutions. Today, the
Sy family once again pays it forward, and this great
gesture will undoubtedly create the generation of more
positive impact to our community of learners and our society
in general."
In response, Hans T. Sy, president of SM's mall
subsidiary, SM Prime Holdings, Inc. said, "I see value
in homecomings and in honoring our school. They remind us of
where we came from, of how our futures were molded
through the tireless effort and dedication of our
teachers, guided by the values, principles, and advocacies of
the De La Salle University. I am a proud alumnus of this
school, one among the thousands of advocates it has
likewise produced---advocates of progressive minds, of
purposeful determination, and of a deep faith in
God."
Meanwhile, as part of its corporate social responsibility
(CSR) initiatives, SM continues to fully support the
education advocacy of SM Foundation, Inc. Under the
foundation's education advocacy are two key initiatives,
namely the College Scholarship Program and the Donation
of Public School Buildings. To date, SM Foundation has
sponsored over 2,000 college scholars in fields of
business, information technology, engineering, and
education and has donated more than 40 elementary and high
school buildings in select public schools.
- End -
For further information, please contact:
Ms. Corazon P. Guidote
Vice President for Investor Relations
SM Investments Corporation
Email : cora.guidote@sminvestments.com
Tel. 857-0117
Hans T. Sy (right) president of SM Prime Holdings, Inc. and
Bro. Narciso Erguiza, FSC
(center) of De La Salle University complete the signing a
memorandum of agreement
on the Php300 million donation of SM Investments
Corporation (SM) to the university
for the construction of the Henry Sy, Sr. Centennial
Center. At left is Atty. Marianne M.
Guerrero, senior vice president of SMIC's legal department.
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