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PSE hopes to raise P200 B from record number of IPOs in 2022

The Philippine Stock Exchange is hoping to help companies raise up to P200 billion in fresh capital this year as it expects a record number of initial public offerings this year. In a press briefing after the bourse’s annual stockholders’ meeting, PSE President Ramon S. Monzon said they have so fa

UPDATE 1-Philippines Synergy Grid prices $273 mln follow-on offer at bottom

Philippines Synergy Grid, country s only electricity grid operator, prices US$273 million follow-on offer at bottom

Synergy Grid & Development, majority owner of the Philippines' only electricity grid operator, has priced its follow-on stock offering at the bottom of its guidance of 12 to 17 pesos ($0.24 to $0.33) per share.

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