SM Prime Holdings Inc. received a good governance score of 100 points and more from the Philippines' Institute of Corporate Directors.

The ASEAN Corporate Governance Scorecard, or ACGS, measures corporate governance best practices by companies in the economic region, and targets to improve the visibility and investability of well-governed companies on a global scale.

The Institute of Corporate Directors acted as the local ranking body of the ACGS, reviewing domestic companies and their corporate governance efforts.