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Jeffrey Lim, corporate information officer of SM Prime Holdings, emphasized that a rescheduling of the mall's opening was made to give the company an opportunity to allow more tenants to open shops and denied that the change was due to structural defects.
The mall was officially inaugurated by President Gloria Macapagal-Arroyo with a special screening of Everest in the San Miguel Coca-Cola IMAX Theater.
The movie was shown three days after Philippine tri-athlete Leo Oracion reached the treacherous mountain's summit.
The Main Mall includes shopping and dining establishments and the food court.
The Entertainment Mall is a two-story complex, most of which is open-air, and faces Manila Bay. The mall's 5,000 parking spaces are divided across two, six-story parking buildings conveniently designated the North and South Parking Buildings.
The South Parking Building houses the mall's official The SM Store, while the mall's supermarket, the SM Hypermarket is located at the North Parking Building.
The mall would have opened before Christmas Day of 2005 but had been delayed due to hitches in the delivery of construction materials.
Frequent rains in the last quarter of 2005 also delayed the turnover of mall space to tenants.
Two new digital theaters were opened at the north side of the entertainment mall, for a total of eight theaters.
There will be two and a half levels for parking with 600 slots.