Category: PSE

Head honchos and key finance executives of 15 publicly-listed companies (PLCs) will brief fund managers, equities analysts and investors on their first quarter financial performance and business strategies in the new normal in a virtual event hosted by The Philippine Stock Exchange, Inc. (PSE) dubbed “PSE STAR (Strengthening Access and Reach): Investor Day. “The PSE…

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The Philippine Stock Exchange, Inc. (PSE) reported that its net income for the first quarter of 2022 rose by 34.8 percent year-on-year to Php204.21 million while operating revenues were up by 0.8 percent from the same period last year to Php390.75 million. Listing-related revenues were higher by 15.3 percent while trading-related revenues increased by 15.5…

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Union Bank of the Philippines (UBP) listed its stock rights offer (SRO) shares at the Philippine Stock Exchange (PSE) on Monday, May 16, 2022. The Php 40 billion raised from the SRO will be used by the bank to pay for its acquisition of the Philippine consumer banking business of Citigroup, Inc. In his welcome…

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The Philippine Stock Exchange, Inc. (PSE) has given the go signal for VistaREIT, Inc. to conduct its initial public offering (IPO) from May 30 to June 3, 2022. The company is expected to list its shares on June 15, 2022 under the trading symbol VREIT. VistaREIT will be offering up to 3.33 billion firm shares…

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The Philippine Stock Exchange, Inc. (PSE) has cleared the initial public offering (IPO) application of Raslag Corp. Raslag is scheduled to hold its IPO from May 23 to 27, 2022. The solar power company will offer up to 350 million primary shares and up to 52.50 million over-allotment option shares at a price of up…

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The Philippine Stock Exchange, Inc. (PSE) is set to hold the “PSE STAR (Strengthening Access and Reach): Investor Day” on May 24 to 26, 2022 to provide participating publicly-listed companies (PLCs) an opportunity to share their first quarter financial performance, upcoming projects and business plans in the new normal. The three-day virtual event is co-hosted…

The Philippine Stock Exchange, Inc. (PSE) posted a record Php 919.48 million net income in 2021, surpassing the previous high of Php867.55 million set in 2014. The record profit is also 40.0 percent higher than 2020’s Php 656.81 million. The company also registered a 25.3 percent year-on-year growth in its operating revenues to Php1.65 billion.…

The Philippine Stock Exchange, Inc. (PSE) hosted a bell ringing ceremony for GT Capital Holdings, Inc. (GTCAP) to mark the company’s tenth anniversary as a publicly listed company. GTCAP had its stock market debut on April 20, 2012. It raised Php 21.57 billion from the sale of primary and secondary shares during its initial public…

Stockbrokerage CTS Global Equity Group (CTS) marked its debut on the Philippine Stock Exchange with a bell ringing ceremony on Wednesday, April 13. CTS raised Php1.375 billion from the sale of primary shares. “Starting today, CTS Global’s range of responsibilities will include its new shareholders. I am certain that the company will continue to uphold…

Bank of Commerce (BNCOM) listed its initial public offering (IPO) shares on the Philippine Stock Exchange (PSE) on Thursday, March 31, 2022. BNCOM, the banking arm of San Miguel Corporation, raised Php3.36 billion from its maiden share sale. The said amount will be utilized for lending activities, capital expenditures and investment securities acquisition. In his…

The 34th ASEAN Exchanges CEOs meeting, hosted virtually by the Singapore Exchange Group (SGX Group) on 29 March 2022, saw the seven exchanges in six countries making progress in improving the utility and comparability of sustainability-related disclosures by listed companies in the region. The ASEAN Exchanges – Bursa Malaysia, Hanoi Stock Exchange, Ho Chi Minh…

The Philippine Stock Exchange, Inc. (PSE) launched the PSE MidCap Index and PSE Dividend Yield Index on Monday, March 28. The former was designed to showcase the mid-sized companies while the latter highlights the companies that consistently give high-yielding dividends. PSE President and CEO Ramon S. Monzon said, “Ever since, we only have the main…

The Philippine Stock Exchange, Inc. (PSE) launched the PSE MidCap Index and PSE Dividend Yield Index on Monday, March 28. The former was designed to showcase the mid-sized companies while the latter highlights the companies that consistently give high-yielding dividends. PSE President and CEO Ramon S. Monzon said, “Ever since, we only have the main…

The Philippine Stock Exchange, Inc. (PSE) approved the initial public offering (IPO) application of CTS Global Equity Group, Inc. to list on the Small, Medium, and Emerging Board of the Exchange. The company will conduct its offer period from March 29 to April 4, 2022. CTS Global will be offering up to 1.375 billion common…

The Philippine Stock Exchange, Inc. (PSE) hosted an initial public offering (IPO) listing forum for the Philippine Franchise Association (PFA) dubbed as “Primed to Lead: Unlocking Opportunities through IPO Listing”. The forum was organized to introduce the IPO listing process and the benefits and responsibilities of being a publicly listed company (PLC) to the association’s…

The Philippine Stock Exchange, Inc. (PSE) cleared the initial public offering (IPO) application of Bank of Commerce. The bank is set to offer up to 280.60 million shares at a price of up to Php12.50 per share The final offer price will be determined on March 11, 2022 after the bank conducts its book building…

The Philippine Stock Exchange, Inc. (PSE) Board and Management together with the women leaders of the company opened trading on March 8, International Women’s Day, with a bell ringing event in support of the global Ring the Bell for Gender Equality program. The Ring the Bell for Gender Equality initiative aims to raise awareness on…

Citicore Energy REIT Corp. concluded its initial public offering (IPO) by listing its shares at The Philippine Stock Exchange, Inc. (PSE) on Tuesday. The first renewable energy REIT, now listed under the stock symbol “CREIT”, raised Php 6.40 billion through the IPO. “The high level of interest among investors for both REITs and renewable energy…

Data collated by the Philippine Stock Exchange (PSE) showed that the amount of cash dividends paid out by publicly listed companies (PLCs) to common shareholders in 2021 was 17.3 percent higher at Php402.18 billion from 2020’s Php342.88 billion, translating to dividend yields of 2.58 percent and 2.50 percent, respectively. For PSEi companies, the cash dividends…

The January to December 2021 stock performance review of the Philippine Stock Exchange (PSE) showed that Emperador, Inc. and Monde Nissin Corporation (MONDE) will be among the 30 companies comprising the PSE index (PSEi) beginning February 14, 2022. The said companies will replace Bloomberry Resorts Corporation and Robinsons Retail Holdings, Inc. A listed company should…

The Philippine Stock Exchange, Inc. (PSE) held a bell ringing ceremony to welcome the Year of the Water Tiger on Wednesday, February 2. “This Lunar New Year ushers in the Year of the Tiger, and specifically, the Water Tiger. It is supposed to be a year of possibilities and prosperity. Let us all be Tigers, who…

The Philippine Stock Exchange, Inc. (PSE), together with the Securities and Exchange Commission (SEC) and various partner stakeholders, will hold a two-day online investment expo for free on January 29-30, 2022. The event will showcase a wide range of personal finance and investment-related topics for potential, new and existing investors that can help them achieve…

Figaro Coffee Group, Inc. (stock symbol: FCG) debuted on the Philippine Stock Exchange (PSE) on Monday, January 24. The food and beverage company behind brands such as Figaro, Angel’s Pizza, Tien Ma’s and Café Portofino raised Php767 million in capital for store openings and renovations, commissary expansion, debt repayment and IT infrastructure development. “The successful…

The initial public offering (IPO) of Citicore Energy REIT Corp. (CREIT) is scheduled from February 2 to 8, 2022, following approval of the Philippine Stock Exchange (PSE) of its maiden share sale. The company is offering up to 2.78 billion primary and secondary shares and up to 418.34 million over-allotment shares. CREIT’s shares will be…

Haus Talk, Inc. (HTI) ushered in the 2022 listing season at the Philippine Stock Exchange (PSE) with the listing of its initial public offering (IPO) shares at PSE’s Small, Medium and Emerging (SME) Board on January 17, 2022. HTI raised Php750 million from its maiden offering which will be utilized by the company for land…

The Philippine Stock Exchange, Inc. (PSE) was named as the Best Stock Exchange in Southeast Asia for 2021 at the Marquee Awards of the 15th Annual Best Deal and Solution Awards 2021 by institutional investment magazine, Alpha Southeast Asia. Alpha Southeast Asia stated, “With record number of equity offerings both in deal size and a…

The Philippine Stock Exchange, Inc. (PSE) registered a new record for capital raised in the stock market at Php234.48 billion in 2021, breaking the previous high of Php228.33 billion in 2012, on the back of the biggest initial public offering (IPO) in the history of the Exchange and REIT listings. For the year, the PSE…

The Philippine Estates Corporation (PHES) concluded its Php 1.4 billion stock rights offering (SRO) with a listing ceremony held on Friday, December 24 at The Philippine Stock Exchange (PSE). PHES had a 1:1 SRO, proceeds of which will be used for the acquisition of land in Bulacan, Cavite, Cebu and Iloilo as well as for…

EEI Corporation (EEI) listed its Series A and Series B preferred shares at the Philippine Stock Exchange (PSE) on Thursday, December 23. The preferred shares are traded under the stock symbols EEIPA and EEIPB. EEI raised Php6 billion from the share issuance which will be used to finance the company’s future projects, pay short term…

Solar Philippines Nueva Ecija Corporation (SPNEC) concluded its initial public offering (IPO) with the listing of its shares at the Philippine Stock Exchange (PSE) on Friday, December 17. SPNEC is the first company to list under PSE’s Supplemental Listing and Disclosure Requirements for Petroleum and Renewable Energy Companies which took effect in September 2011. SPNEC…

The Philippine Stock Exchange, Inc. (PSE), in partnership with the Department of Trade and Industry through the Board of Investments (BOI), will conduct an initial public offering (IPO) listing forum entitled, Powering Future Market Leaders, on December 10, 2021.  After the successful The Road to IPO: SME Forum for potential Small, Medium and Emerging (SME)…

Medilines Distributors, Incorporated (ticker: MEDIC) marked its stock market debut in the Philippine Stock Exchange (PSE) with a bell ringing ceremony on Tuesday, December 7. The company will use the Php1.20 billion raised from the sale of its primary shares to purchase existing products and build-up its medical consumables inventory and to pay off debt.…

Figaro Coffee Group, Inc. (FCG), the last company to conduct an initial public offering (IPO), is selling 1.26 billion primary shares and up to 126 million over-allotment shares after securing Philippine Stock Exchange (PSE) approval for its offering. FCG’s shares will be sold at a price of up to Php1.28 per share. The final offer price…

The Philippine Stock Exchange, Inc. (PSE), in partnership with the Securities and Exchange Commission (SEC), hosted a virtual event that exhibited the sustainability initiatives of six publicly listed companies (PLCs) entitled, “PSE-SEC Sustainability Showcase: Notable ESG Projects” on Monday, December 6. The event featured the key sustainability policies, practices and initiatives embedded in the business…

The 2022 capital raising calendar of the Philippine Stock Exchange (PSE) will be opened by the initial public offering (IPO) of residential developer Haus Talk, Inc. (HTI).  The company, which will list in the Small, Medium and Emerging (SME) Board of the PSE, will be offering up to 500 million primary shares.   HTI’s target offer period…

Arthaland Corporation (ALCO) listed its Series D preferred shares (ALCPD) at the Philippine Stock Exchange (PSE) on Friday, December 3. The company will use the Php3 billion raised from its follow-on offering to redeem the Series B preferred shares (ALCPB) it issued in 2016. Proceeds from the ALCPB share sale was utilized by ALCO for…

A Brown Company, Inc. (BRN) tapped the equities market for its capital requirements and raised Php1.33 billion from the issuance of Series A preferred shares. This is the first public offering of the company since its market debut in 1994. The preferred shares, which trade using the ticker BRNP, were listed at The Philippine Stock…

The Keepers Holdings, Inc. (KEEPR) raised Php4.5 billion from its follow-on offering (FOO). The FOO shares were listed on The Philippine Stock Exchange, Inc. (PSE) on Friday, November 19. Proceeds from the FOO will be utilized by the company for strategic acquisition opportunities, expansion of product portfolio and distribution network channels, investments in distribution and…

The Philippine Stock Exchange, Inc. (PSE) reported that its net income for the third quarter of the year rose by 43.7 percent to Php541.53 million from Php376.84 million in the same period a year ago on higher operating revenues. Listing-related fees, trading-related fees and service fees all posted gains in the first nine months of…

The Philippine Stock Exchange, Inc. (PSE) has given the go signal for Solar Philippines Nueva Ecija Corporation (SPNEC) to conduct an initial public offering (IPO) for up to 2.7 billion shares of the company. SPNEC’s IPO shares will be offered at a price of up to Php1.00 apiece while the target offer period is from…

Synergy Grid & Development Phils., Inc. (SGP) listed 1.05 billion follow-on offer (FOO) shares on The Philippine Stock Exchange, Inc. (PSE) on Wednesday, November 10. SGP raised Php12.64 billion from the FOO which it intends to use to directly subscribe to non-voting preferred shares to be issued by the National Grid Corporation of the Philippines.…

AllDay Marts, Inc. (ALLDY) conducted its maiden offering listing ceremony at The Philippine Stock Exchange, Inc. (PSE) on Wednesday, November 3. The trading floor event was led by PSE President and CEO Ramon S. Monzon and ALLDY Chairman and former Senate President Manuel B. Villar, Jr. ALLDY raised Php4.5 billion from the IPO and proceeds…

The Series 4 preferred shares (MWP4) of Megawide Construction Corporation (MWIDE) were listed on The Philippine Stock Exchange, Inc. (PSE) on Friday, October 29. MWIDE raised Php4 billion from the preferred shares issuance, which will be used to fully redeem its Series 1 preferred shares. PSE Chairman Jose T. Pardo acknowledged the company’s performance despite…

Medilines Distributors Incorporated (“MEDIC”) received the go signal for its initial public offering (IPO) application after The Philippine Stock Exchange, Inc. (PSE) Board of Directors cleared the company’s maiden offering. MEDIC will be offering up to 825 million primary and secondary shares from November 22 to 26, 2021 at a price of up to Php2.45…

Jollibee Foods Corporation (JFC) listed its Series A and Series B preferred shares at the Philippine Stock Exchange (PSE) on Thursday. The said securities will be traded using the stock symbols “JFCPA” and “JFCPB”, respectively. JFC raised Php12 billion from its follow-on offering (FOO) which will be used by the company to partially fund the…

The Philippine Stock Exchange, Inc. (PSE) joined the global Ring the Bell for Financial Literacy initiative of the World Federation of Exchanges (WFE), marking its third straight year of supporting this advocacy. PSE President and CEO Ramon S. Monzon and Securities and Exchange (SEC) Chairperson Emilio B. Aquino led the bell ringing event on Wednesday,…

The Philippine Stock Exchange, Inc. (PSE) President and CEO Ramon S. Monzon, Department of Finance Secretary Carlos G. Dominguez III, MREIT Inc. President Kevin L. Tan and MREIT Sponsor Megaworld Corporation Chairman, President and CEO Dr. Andrew Tan led the initial public offering (IPO) listing of MREIT, Inc. (MREIT) through a bell ringing ceremony held at the…

The Philippine Stock Exchange, Inc. (PSE) Board approved the initial public offering (IPO) application of AllDay Marts, Inc. (ALLDY). The Company, which will list on the Main Board of PSE, will have its offer period from October 18 to 25, 2021. AllDay Marts, Inc. will be offering up to 6.86 billion primary shares and up…

September 21, 2021, Metro Manila, Philippines: Active promotion of the ASEAN capital market as an asset class and potential initiatives to advance sustainability were among the matters discussed at the 33rd ASEAN Exchanges CEOs Meeting hosted by The Philippine Stock Exchange, Inc. (PSE). Following its successful partnership and participation in two virtual conferences this year,…

The Road to IPO: SME Forum for potential Small, Medium and Emerging (SME) Board listing applicants gathered entrepreneurs from all over the country to learn the importance of raising capital and the processes involved in doing an initial public offering (IPO) at the Philippine Stock Exchange (PSE).  “We are pleased to see keen interest from business owners…