SM Investments Wins Third Straight Five Golden Arrow Award
Pasay City – November 06, 2026 -- SM Investments Corporation has received the Institute of Corporate Directors (ICD) Five Golden Arrow Award for the third consecutive year, the highest rating in the corporate governance awards program.
SM Prime and Chinabank join the parent at the top rating tier
SM Prime Holdings, Inc. and China Banking Corporation (Chinabank) each received Five Golden Arrows. BDO Unibank, Inc. and Belle Corporation received 4 Golden Arrows.
2025 ASEAN scorecard drives the 2026 ratings
The 2026 recognition is based on the 2025 ASEAN Corporate Governance Scorecard (ACGS) assessment. The ACGS covers shareholder rights and equitable treatment, sustainability and resilience, stakeholder relations, transparency through timely disclosure, and the Board's strategic guidance and accountability. Investors use it to compare corporate governance practices.