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Essay heading: CEO Philippines
 
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Issue: Biographies
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Date added: April 1, 2005
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No of pages / words: 10 / 2556
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The merger created the Philippines's second largest financial institution with resources of close to $17billion dollars. The Sy family has a personal stake of $4 billion in these 3 banks. Mr. Sy has recently sold his 11% stake in San Miguel Corporation, Southeast Asia's largest food and beverage conglomerate for $680 million...
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He organized the SM Foundation Inc., which helps underprivileged but promising young Filipinos. Sy's retail chain is SM Prime Holdings, known as "Shoe Mart" or simply "SM". Several of his children now hold senior management positions in his companies, although he has groomed daughter Teresita Sy-Coson as his successor...
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