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Xia Wei – Hospitality Net Author

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Gov't officials, top executives to talk about IPO benefits


Published May 13, 2021, 3:16 PM
The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public.
The PSE said these executives will be part of a roundtable discussion entitled The Road to IPO to be held on May 25 at 2:00 p.m. 
This event aims to equip entrepreneurs and business owners with knowledge and insights on the process of going public from the perspective of those who have actually gone through it. 
Key panelists participating in The Road to IPO roundtable discussion are SM Investments Corporation Chairman Jose T. Sio, Bank of Philippine Islands President and CEO Jose Teodoro K. Limcaoco, Puregold Price Club, Inc. Director and Cosco Capital, Inc. President Leonardo B. Dayao, and Wilcon Depot, Inc. President and CEO Lorraine Belo-Cincochan. ....

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PSE eyes more IPOs with relaxed listing rules


Published April 6, 2021, 3:35 PM
The Philippine Stock Exchange, Inc. (PSE) aims to get more companies to consider raising capital through an initial public offering (IPO) after it relaxed its listing rules.
In a statement, the bourse said it has released its Amended Listing Rules which contain relaxed profitability and operating history requirements and a temporary relief clause in considering applications due to the pandemic.
“The Philippine stock market lags behind when it comes to the number of companies going public. To address this issue, we relaxed certain requirements for listing in both the Main and SME Boards and we introduced a measure that will gauge a company’s suitability for listing despite the challenges it is facing due to the pandemic,” said PSE President and CEO Ramon S. Monzon. ....

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