Capital raised by companies from the stock market in the first half reached P61.92 billion, 50 percent lower than the P122.46 billion generated in the same period last year.
The Philippine Stock Exchange Inc. (PSE) said the number of companies going public may hit record high this year, but the amount could still be lower than the previous year, when Monde Nissin Corp. conducted an initial public offering (IPO). PSE President and CEO Ramon S. Monzon said the bourse…
The Philippine Stock Exchange is looking forward to a record number of initial public offerings in 2022 after chalking up eight maiden offerings in the first six months of the year. In a statement, the bourse said the eight IPOs in the first semester already matches the same number of offerings for