#2692

Herbert Sy

Philippines 69 years old

Overview

Source of Wealth
Diversified
Industry
Diversified
Residence
Manila
Education
De La Salle University (Bachelor of Business Administration)
Marital Status
Married

Assets

  • Ayala Corp.
    243,000 shares @ -
    -
    AC-PH
  • Banco De Oro Unibank Inc.
    46,853,000 shares @ -
    -
    BDO-PH
  • Belle Corp.
    218,134,000 shares @ -
    -
    BEL-PH
  • China Banking Corp.
    37,158,000 shares @ -
    -
    CBC-PH
  • D.M. Wenceslao & Associates
    286,000 shares @ -
    -
    DMW-PH
  • Far Eastern University Inc.
    438,000 shares @ -
    -
    FEU-PH
  • Jollibee Foods Corp.
    29,000 shares @ -
    -
    JFC-PH
  • SM Investments Corp.
    108,177,000 shares @ -
    -
    SM-PH
  • SM Prime Holdings Inc.
    728,051,000 shares @ -
    -
    SMPH-PH

Biography

Herbert Sy is an adviser of SM Investments, a major conglomerate, and a director of SM Prime, the group's property developer.

He is a son of the late SM founder, Henry Sy Sr., and the second-youngest of six children.

His three brothers and two sisters all hold posts in the business, which spans banking, retail, real estate, mining, and hotels.

He is actively involved in the group's supermarket operations, which includes an investment arm.

He has an undergrad degree in management from De La Salle University.

In 2022, SM Investments agreed to acquire Philippine Geothermal Production in a $304 million, all-share deal in a bid to lower its carbon footprint.