Mindpro
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Mindpro Inc. (Mindpro Incorporated) or simply Mindpro is a major retail company based in Zamboanga City, Philippines. It is a subsidiary of SM Investments Corporation.[1] The company began operations in early 1992, originally managing Jingyong Bowling and the Mindpro Lumberyard.
Its shopping mall, Mindpro Citimall, opened on December 7, 1996.[citation needed]
In August 2016, SM Prime Holdings acquired a 70% stake in Mindpro Inc., while Mindpro Inc. retained 30% ownership and management participation.[2]
Following the renovation and rebranding of the mall as SM City Mindpro, SM Investments Corporation began listing Mindpro Inc. as a subsidiary in its financial disclosures.[3]
Consequently, Mindpro's corporate arms; Mindpro Shopping Zamboanga Inc. and Mindpro Retail Inc. became direct subsidiaries of SM Retail.[1]
As a result of this restructuring, Mindpro Shopping Zamboanga Inc. became an operator for The SM Store.[4]
Mindpro Retail Inc. continues to operate Mindpro Supermarket, which has been standardized to function identically to other SM Markets brands.[5]
On March 20, 2026, SM City Zamboanga opened, featuring the second Mindpro Supermarket branch operated by Mindpro Retail Inc.[6]
References
[edit]- 1 2 SM Investments Corporation (March 2026). "SM Investments Corporation Definitive Information Statement 2026". PSE Edge.
- ↑ SMPH (2018). "SM Prime Holdings Annual Report 2017" (PDF). SM Prime Holdings Inc.
- ↑ SMPH (March 2026). "SM Prime SEC Form 2025" (PDF). SM Prime Holdings Inc.
- ↑ SM Store (March 2026). "SM Store Legal Entities". SM Store.
- ↑ "Mindpro Supermarket". SM Markets. March 2026.
- ↑ "SM to open 90th PH Mall, 8th in Mindanao, 2nd in Zamboanga". Business Inquirer. March 2026.