Citicore Renewable Energy Corporation will open the 2024 initial public offering (IPO) season at the Philippine Stock Exchange (PSE).The renewable energy (RE) firm, which will trade under the ticker symbol CREC, will be selling up to 2.90 billion primary shares, with an overallotment option of 435 million secondary shares. CREC’s offer period is tentatively scheduled…

The Philippine Stock Exchange, Inc. (PSE) presented Top Frontier Investment Holdings, Inc. (TFHI) with an anniversary plaque to mark TFHI’s first decade as a publicly listed company. The holding firm, which is the largest shareholder of San Miguel Corporation (SMC), listed by way of introduction at the PSE on January 13, 2014. In his welcome…

The Philippine Stock Exchange, Inc. index closed at 6,450.04 points, down by 69.07 points or 1.1 percent on the last trading day of 2023. Year to date, the main index decreased by 1.8 percent. Daily average value turnover was at Php 6.09 billion, down by 16.5 percent from 2022’s Php 7.30 billion average. The market registered Php 53.67 billion worth…

The Philippine Stock Exchange, Inc. (PSE) took part in the inaugural Ring the Bell for Climate of the World Federation of Exchanges (WFE). Participating members of WFE rang the bell between November 30 and December 12, the same schedule as the COP28 UN Climate Summit in Dubai. This initiative aims to mobilize WFE’s global network of bourses…

San Miguel Corporation (SMC) formally listed its Series 2-L, 2-N and 2-O preferred shares through a bell ringing ceremony held at the Philippine Stock Exchange (PSE) on Friday, December 1, 2023. SMC raised Php 34 billion from the sale of firm offer shares and over-subscription option shares during its follow-on offering (FOO). PSE President and…

Concepcion Industrial Corporation (CIC) led today’s bell ringing ceremony to mark its tenth anniversary as a publicly listed firm. CIC listed its shares at the Philippine Stock Exchange (PSE) on November 27, 2013 and raised a total of Php 2.24 billion from the sale of its primary and secondary shares during its initial public offering. CIC, a diversified…

Company directors and officers of The Philippine Stock Exchange, Inc. (PSE) and Robinsons Retail Holdings, Inc. (RRHI) jointly celebrated the latter’s 10th anniversary as a publicly listed company through a bell ringing ceremony. RRHI raised Php 28.12 billion from the sale of primary and over-allotment shares during its initial public offering (IPO). Its shares were listed at the…

The Philippine Stock Exchange, Inc. (PSE) hosted a bell ringing ceremony for Discovery World Corporation (DWC) to mark the company’s tenth anniversary as a publicly listed company. DWC raised Php 551.04 million from the sale of primary common shares during its initial public offering (IPO). In his welcome message during the event, PSE President and CEO Ramon…

The Philippine Stock Exchange, Inc.’s (PSE) net income for the January to September 2023 period reached Php 575.65 million, up by 19.9 percent in the same period a year ago, due to gains in financial investments. The company’s operating revenues, on the other hand, slid by 8.7 percent to Php 1.10 billion from Php 1.20…

The batch comprising nine publicly listed companies (PLCs) will join the last edition of PSE STAR Investor Day for 2023 set on November 15-16. Executives of featured PLCs will share their third quarter 2023 financial results, strategic initiatives and growth prospects in a two-day virtual briefing that is open to fund managers, equity analysts, shareholders and…