- He is also called as Henry Sy, the founding owner of SM malls – who also owns Banco de Oro, the second-largest bank in the Philippines, as well as the real estate holdings, founding owner for the SM Investments Cor., the chairman emeritus for Highlands Prime, BDO Unibank, and the honorary chairman for China Bank Corporation. - He is known as a Filipino businessman, investor, and philanthropist - He was born in Fujian, China - His story was called “Rags-to-riches”. It began when his family settled in to live in Manila from Xiamen, China, and decided to start a small convenience store in Manila. Their business went well and bloomed, but then WORLD WAR II came and diminished their home along with their business, forcing his family to go back in China. However, Henry Sy decided to stay and continue to live in, without his parents- he needed to find home to live at his own, and by that means he must raise his own business to survive financially. - “Shoemart” his own very first business that he established around 1958 (Nov 8), and that smalls shoe business, has become the largest/giant conglomerate under its name “SM” - It has now driving a huge chunk in the Philippines. It consists of 49 sm in the Philippines and China, 62 department stores, 56 supermarkets and over 200 grocery stores. - Updated list: October 2023, it has a total of 93 malls (85 in the Philippines, 8 in the People's Republic of China). - His company has made a huge impact and contributed with not just todays Philippine’s economy. - It significantly made impact on globalization to Philippines transportation and Industry. - No one had thought that his business would plant 70 shopping malls, handful of condominiums and skyscrapers, and would somehow would be expanded in China. - Around 2017, his conglomerate SM Investments Corp. bought 35.4% stake of 2GO Group Inc. - It is the country largest shipping company with an integrated supply chain operation to include warehousing and delivery services. - Their units handles mostly with commercial and personal logistics, integration of passenger ships and fast crafts through land and sea intermodal transport linkages, and supply chain which involves distribution of goods, warehousing and inventory management