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1. Henry Tan Chi Shieng Sy Sr.

(Oct 15,1924 –Jan 19, 2019)


- 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

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