SM Investments Corporation is a Philippine conglomerate that is involved in retail, banking, and property development. The company was founded in 1958 and is headquartered in Pasay City, Philippines. SM Investments Corporation is the largest company in the Philippines by market capitalization and is listed on the Philippine Stock Exchange. The company's subsidiaries include SM Retail, SM Development Corporation, and BDO Unibank. SM Investments Corporation operates over 2,000 stores in the Philippines and has a presence in China, Indonesia, and Thailand.