DITO CME Holdings Corp. (DITO) raised Php 2.05 billion from the follow-on offering (FOO) of its common shares. The FOO shares were listed on The Philippine Stock Exchange, Inc. (PSE) on Friday, December 6. PSE President and CEO Ramon S. Monzon cited DITO’s fund raising initiatives through private placements and equities offering to improve the…

Phinma Corporation (PHN) listed 50 million from its stock rights offering (SRO) shares on the Philippine Stock Exchange (PSE) on Wednesday, November 27, 2024. The company raised Php 1 billion from the share sale. The SRO is PHN’s first fund raising in the stock market in close to three decades. In his opening remarks, PSE…

The ASEAN Exchanges signed a Memorandum of Understanding (MOU) on November 21, 2024 to collaborate on offering Depositary Receipts (DRs) on their respective exchanges, enhancing investment opportunities for domestic investors across the region. The MOU marks a significant milestone in promoting ASEAN as an attractive investment hub. This collaboration aims to develop market and regulatory…

26 November 2024, Kuala Lumpur – The ASEAN-Interconnected Sustainability Ecosystem (ASEAN-ISE) initiative, which aims to create a harmonised ASEAN sustainability ecosystem, continues to make strides. A workshop in Kuala Lumpur last week centred on the development of an ASEAN-level ESG Data Infrastructure, to enable accurate, efficient and standardisation of ESG data collection, analysis and reporting,…