SM Prime Holdings Inc. announced that at the regular meeting of the board of directors of the company held on April 15, 2014 approved the declaration of a PHP 0.19 centavos cash dividend per share amounting to PHP 5.3 billion in favor of stockholders of record as of May 15, 2014, payable on or before June 10, 2014;

The company announced that at the organizational meeting of the board of directors of the company held on April 15, 2014 elected John C. Ong as Senior Vice President-Chief Finance Officer; Maria Luisa M. Salud as Vice President-Corporate Communications; Anna Maria S. Garcia as Business Unit Head-Malls; Jose Mari H. Banzon as Business Unit Head-Residential; David L. Rafael as Business Unit Head-Offices; Shirley C. Ong as Business Unit Head-Leisure and Resorts; Marrisa L. Nubla as Business Development Head-Hotels and Convention Centersl; and Jose T. Sio and Serafin U. Salvador as Members of Audit and Risk Management Committee; and Jeffrey C. Limm, Teresa Cecilia H. Reyes and Emmanuel C. Paras as alternate compliance officer.