Henry Sy-led SM Supermalls ranked no.3 among the top 5 best retail brands of Southeast Asia, according a study by Singapore-based branding firm Interbrands.

Jonathan Bernstein, brand strategy director of Interbrands, presented the 2013 Best Retail Brand Study during the National Retail Conference on Wednesday, which listed the top 5 best retail brands in Southeast Asia. Owned by the richest man in the Philippines, SM stores are valued a total of $934 million, clutching 3rd spot on the list.

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