Big Boy Sy sells P71M SM Prime shares, personal stake down by nearly a third since end-2020
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Big Boy Sy sells P71M SM Prime shares, personal stake down by nearly a third since end-2020

Bilyonaryo Henry “Big Boy” Sy Jr. has sold another slice of his shareholdings in his family’s property arm.

Sy sold 20 million shares of SM Prime Holdings at P35.60 per share on July 9.

READ: Big Boy Sy sells P754M SM Prime shares

The latest sale disposal slashed SMPH chairman’s stake in the company to 493.898 million shares or 1.7 percent from 688.565 million shares or 2.4 percent as of 31 December 2020.

READ: Big Boy Sy slashes SM Prime shares by P2B in May

Sy is ranked No. 1,324 among the world’s billionaires with a net worth of $2.5 billion (P125 billion).

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