SM Prime Holdings, Inc., one of the biggest mall developers in the Philippines, announced that they will open a new entertainment venue called SM Seaside Cebu Arena in June 2026. This will be their second big arena, following the success of SM MOA Arena in Manila.

What Makes This Arena Special?

According to the company’s disclosure filed with the Securities and Exchange Commission on May 13, 2026, the new arena is huge – it has seven floors and can fit up to 25,000 people inside! This makes it one of the largest indoor arenas in the entire Philippines.

Think of it like a giant basketball court that can transform into different setups. The arena has what’s called a “flexible event bowl,” which means they can change how the space looks depending on what’s happening – whether it’s a big concert with thousands of fans or a smaller, more personal event.

High-Tech Features

The SM Seaside Cebu Arena will have some really cool technology inside:

• A huge display screen hanging from the center of the ceiling
• LED screens that go all around the arena in a circle, so everyone can see what’s happening no matter where they sit
• 5G internet connection, which means super-fast internet for everyone inside
• Special luxury suites for VIP guests and business partners

Why Cebu?

Jeffrey C. Lim, who is the President of SM Prime, explained that their first arena (SM MOA Arena) has been very successful, showing that many people want world-class entertainment venues. He said Cebu is an important growing city, and this arena will help bring big events, help tourism, and create more business opportunities for the area.

The arena’s location is smart too – it’s inside the SM Seaside Complex, which means visitors can easily go shopping, stay at hotels, and use transportation all in one place. It’s also close to the Mactan-Cebu International Airport, making it easier for international performers and visitors to come.

Events Already Lined Up

Even though the arena isn’t open yet, they’ve already booked several shows for this year. Filipino pop group BINI will perform on July 11, IV of Spades on July 18, TJ Monterde and KZ Tandingan on September 5, and the band LANY on November 6 and 12.

About SM Prime Holdings

SM Prime is a publicly listed company on the Philippine Stock Exchange with the stock symbol SMPH. According to their SEC filing, they have 28,719,529,994 common shares outstanding and retail bonds worth 137,896,480,000 pesos. The company is known for building and operating large shopping malls across the Philippines and has been expanding into entertainment venues like arenas.

The information was disclosed through SEC Form 17-C, which is an official report that publicly listed companies must file whenever they have important announcements to share with their stockholders and the public.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.