The owner of Lucky Me noodles and Quorn meat-free burgers says trading in its shares will start in the Philippines on 1 June. related to Monde Nissin, Quorn Foods, Chilled foods, Dried foods, Frozen, Meat-free,
PSE sets P200-B capital-raising target
May 25, 2021 | 12:34 am
Keren Concepcion G. Valmonte
THE PHILIPPINE Stock Exchange (PSE) is hoping at least P200 billion in capital will be raised at the stock market this year, as it seeks to encourage more small companies to list their shares.
“I hope that at least P200 billion of capital will be raised at the Philippine Stock Exchange,” Ramon S. Monzon, president and chief executive of the bourse operator, told
BusinessWorld in a video call on Thursday.
If achieved, this would be nearly double the P104-billion capital raised at the PSE in 2020.
The pipeline for capital-raising activities is seen to be robust with companies like Monde Nissin Corp. and Del Monte Philippines, Inc. (DMPI) planning mega-initial public offerings (IPOs) and firms launching their own real estate investment trusts (REITs).