Belle Corporation (BEL) was incorporated in 1973 as Belle Mining and Oil Exploration, Incorporated (Belle Resources). In 1989, Belle Resources developed a golf club named Tagaytay Highlands International Golf Club, Incorporated, which became its initial foray into the property development sector. Thereafter, Belle Resources changed its name to the present one in 1994 to underscore the shift in its principal activity. The business of BEL, through subsidiaries and associates, includes mainly real estate development, principally in the high-end leisure property market, gaming, and various investment holdings.
BEL acquired Premium Leisure & Amusement, Inc. (PLAI) on April 14, 2011. PLAI holds a license to operate integrated resorts, including casinos, in Manila Bay Entertainment City and Newport City. In October 2012, BEL and PLAI partnered with Melco Crown Entertainment Limited and its Philippine affiliates (MCE), with BEL as co-licensee and owner of the land and buildings and MCE as a co-licensee and developer and operator of all the facilities within the resort complex. The resulting integrated resort, City of Dreams Manila, was launched on February 2, 2015.
The Company's other subsidiaries engaged in gaming and gaming-related activities are Premium Leisure Corp. and Pacific Online Systems Corporation.
SM Investments Corporation (SMIC), also known as SM Group, is a Filipino conglomerate with interests in various sectors, mostly in shopping mall development and management, retail, real estate development, banking, and tourism. Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, being the country's dominant player in retail with 208 stores nationwide. Of these, 47 are SM Department Stores; 38 are SM Supermarkets; 37 are SM Hypermarkets, and 86 are SaveMore branches.
SM Investments on Wikipedia →Average % return by calendar month, up to 1 yearof history. Only a few years back each month, so this is descriptive color, not a predictable “month effect.”
Delayed/EOD data, not real-time. Every figure here is a descriptive statistic on past closing prices — not a forecast, a stock pick, or a buy/sell signal, and not financial advice.