Category: PSE

United Kingdom’s (UK) Foreign Commonwealth and Development Office (FCDO) Director General Jenny Bates and His Majesty’s Ambassador to the Philippines Laure Beaufils joined executives of the Philippine Stock Exchange (PSE) in a closing bell ringing ceremony on Monday, July 17, 2023, to celebrate the partnership between the Exchange and MOBILIST or Mobilising Institutional Capital through Listed Product…

Petron Corporation (PCOR) officially listed its Series 4A, 4B, and 4C preferred shares through a bell ringing ceremony at the Philippine Stock Exchange (PSE) on Friday, July 7, 2023. PCOR raised Php 14 billion from the sale of firm offer shares and over-allotment shares during its follow-on offering (FOO).  “It is auspicious that we are…

The number of online stock market accounts rose by 8.6 percent in 2022 to 1,258,907 accounts. Despite the muted growth in online accounts compared to previous years, the average value per online transaction rose by 33.2 percent to Php 46,236.40 from Php 34,701.80 in 2021. While close to 100,000 online accounts were added last year,…

The Philippine Stock Exchange, Inc. (PSE) formally opened its Events Hall on Monday, May 29, 2023. House Speaker Ferdinand Martin G. Romuladez, Department of Finance (DOF) Secretary Benjamin E. Diokno, Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla, and Securities and Exchange Commission (SEC) Chairperson Emilio B. Aquino, together with Directors and Officers of…

Asia United Bank Corporation (AUB) commemorated its 10th listing anniversary as a publicly listed company through a bell ringing ceremony at the Philippine Stock Exchange (PSE). AUB listed 320 million shares on its May 17, 2013 stock market debut. In his welcome message, PSE COO Atty. Roel A. Refran cited the bank’s income performance in the…

The Philippine Stock Exchange, Inc. (PSE) cleared the initial public offering (IPO) application of Repower Energy Development Corporation (REDC). The hydropower company intends to use bulk of the proceeds from the share sale to partially fund the equity portion of its Pulanai and Piapi Mini Hydroelectric Power Plants and to develop and/or acquire renewable energy…

The Philippine Stock Exchange, Inc. (PSE) posted a net income of Php 203.16 million in the first quarter of 2023, down by half a percent from the Php 204.21 million in the same period last year. A 2.2 percent decline in operating revenues and a 9.3 percent increase in expenses contributed to the slight dip…

Institutional and retail investors, fund managers and equities analysts rallied behind PSE STAR (Strengthening Access and Reach): Investor Day 2023 to get the latest financial results, corporate strategy and outlook from featured publicly listed companies (PLCs) during the two-day virtual event. Organized by The Philippine Stock Exchange, Inc. (PSE), the May edition of Investor Day…

Publicly listed companies (PLCs) from four of six sectors in the Philippine Stock Exchange (PSE) will be featured in PSE STAR (Strengthening Access and Reach): Investor Day 2023. Top executives of listed firms in the Holding Firms, Industrial, Property, and Services sectors will tackle their first quarter 2023 financial performance and growth strategies in the upcoming…

The investor day program of The Philippine Stock Exchange, Inc. (PSE) dubbed PSE STAR (Strengthening Access and Reach) will return for its 2023 edition on May 9 and 10. The virtual program will serve as a platform for select publicly listed companies (PLCs) to discuss first quarter 2023 financial results, projects for the rest of…

Megawide Construction Corporation (MWIDE) concluded its follow-on offering (FOO) with the listing of its Series 5 preferred shares at the Philippine Stock Exchange (PSE) on Monday, April 17, 2023. The said shares will be traded under the ticker symbol “MWP5”. MWIDE will use the FOO proceeds to partially fund the full redemption of its Series…

Upson International Corp. (stock symbol: UPSON) listed its initial public offering (IPO) shares on Monday, April 3, 2023 at the Philippine Stock Exchange, Inc. The IT retailer raised Php 1.50 billion from the sale of primary shares, which is intended for store network expansion. The company’s principal shareholder, meantime, sold Php 150.00 million worth of secondary shares…

The Securities Clearing Corporation of the Philippines (SCCP), a wholly-owned subsidiary of The Philippine Stock Exchange, Inc. (PSE), successfully transitioned its clearing and settlement (C&S) system to the Millennium Post Trade solution on March 27, 2023. The shift to the new C&S system will enhance SCCP’s clearing, settlement, risk and collateral management capabilities. The Millennium…

Alternergy Holdings Corporation (stock symbol: ALTER) listed its shares at the Philippine Stock Exchange (PSE) on Friday, March 24, 2023, making it the first company to debut on the stock market this year. The renewable energy (RE) firm raised Php 1.62 billion from its IPO. The amount will be used by the company to finance the…

The Philippine Stock Exchange, Inc. (PSE) inked a Memorandum of Understanding (MOU) with Union Bank of the Philippines (UBP) to undertake projects related to capital market development on Monday, March 20, 2023. The MOU covers awareness initiatives specific to listing at the Exchange such as providing seminars and consultations on doing an initial public offering…

The Philippine Stock Exchange, Inc. (PSE) marked International Women’s Day with an opening bell ringing event. The activity is in support of the global Ring the Bell for Gender Equality program. “The PSE joins other member organizations of the World Federation of Exchanges (WFE) in ringing the bell to raise awareness on the importance of…

The Philippine Stock Exchange, Inc. (PSE) encourages the public to register in the PSE Investment Expo 2023, a financial literacy initiative to promote awareness on investing in legitimate financial instruments. The event will kick-off on Thursday, March 9 at 5:30 in the afternoon with an opening ceremony and a discussion on the 2023 Economic and Market Outlook.…

The Philippine Stock Exchange, Inc. (PSE) will hold the inaugural PSE LIST (Learn IPO Strategies and Tactics) Masterclass on Thursday, March 2, 2023. The event is exclusive to companies under PSE’s Listing Engagement and Assistance Program (LEAP) that are considered eligible and are prepared to conduct an initial public offering (IPO).  PSE LIST will cover…

The Philippine Stock Exchange, Inc. (PSE) will hold the inaugural PSE LIST (Learn IPO Strategies and Tactics) Masterclass on Thursday, March 2, 2023. The event is exclusive to companies under PSE’s Listing Engagement and Assistance Program (LEAP) that are considered eligible and are prepared to conduct an initial public offering (IPO).  PSE LIST will cover…

The Philippine Stock Exchange, Inc. (PSE) is set to hold Investment Expo 2023, a three-day online conference aimed to educate retail investors and the general public on stock investing and legitimate financial instruments. The Expo is scheduled from March 9 to 11, 2023. “The success of the maiden Investment Expo last year is proof that…

The Philippine Stock Exchange, Inc. (PSE) hosted a bell ringing ceremony for Philippine Seven Corporation (SEVN) to mark the company’s 25th anniversary as a publicly listed company. SEVN had its stock market debut on February 4, 1998 and raised Php 206.8 million on its maiden offering. On listing date, SEVN’s market capitalization (MCAP) stood at Php…

Union Bank of the Philippines (UBP) concluded its Php 12 billion stock rights offering (SRO) with the listing of its shares at the Philippine Stock Exchange (PSE) on Monday, February 6, 2023. Proceeds from the SRO will be allocated for capital infusion in UBP’s wholly-owned digital bank, UnionDigital Bank and for loan availments of the bank’s…

The Philippine Stock Exchange, Inc. (PSE) approved the initial public offering (IPO) application of Upson International Corp. (stock symbol: UPSON). The company operates retail stores specializing in information technology-related software and hardware products, including consumer electronics. UPSON shares will be selling up to 789.47 million primary shares and up to 98.68 million secondary shares with…

DMCI Holdings, Inc. (DMC) and Union Bank of the Philippines (UBP) will be included in the PSE index (PSEi) starting February 6, 2023. Both companies will be replacing Megaworld Corporation (MEG) and Robinsons Land Corporation (RLC) based on the January to December 2022 index review of the Philippine Stock Exchange (PSE). DMC and UBP have…

The Philippine Stock Exchange, Inc. (PSE) received a 4 Golden Arrow recognition from the Institute of Corporate Directors (ICD) at the ACGS Golden Arrow Awards held on January 20, 2023. The Golden Arrow recognition is given to Philippine publicly listed companies (PLCs) that meet the score requirement for each of the five levels of performance…

The Philippine Stock Exchange, Inc. (PSE) ushered in the Year of the Water Rabbit with a lion and dragon dance at the PSE Tower. Directors and Officers of the PSE rang the opening bell on the first trading day in the lunar new year. “In the Chinese culture, the rabbit is known to be the…

The Philippine Stock Exchange, Inc. (PSE) and Shenzhen Stock Exchange (SZSE) signed on Wednesday, January 4, a Memorandum of Understanding (MOU) to strengthen communication and economic cooperation between the two bourses that can potentially help boost investment prospects for both the Philippine and Chinese capital markets. “The MOU broadens the strategic alliance and strengthens the…

The Philippine Stock Exchange, Inc. (PSE) officers rang the bell to mark the first trading day of 2023. “The new year brings optimism and hope to us at the PSE. We look forward to more listings, higher trading volumes, and enhanced partnerships in the industry that will help expand our product and service offerings,” said…

The Philippine Stock Exchange, Inc. (PSE) index closed at 6,566.39 points, down by 0.15 points or 0.002 percent. Year to date, the main index decreased by 7.8 percent. Daily average value turnover for the year was at Php7.30 billion, down by 18.9 percent from 2021’s Php9.00 billion average. The market registered Php67.95 billion worth of net foreign selling versus…

Premiere Island Power REIT Corporation (stock symbol: PREIT) debuted on the Philippine Stock Exchange (PSE) on Thursday, December 15. PREIT is envisioned to be the power and infrastructure REIT platform of Prime Asset Ventures, Inc. PREIT’s initial portfolio includes land and power plant assets that are used by its Sponsors, S.I. Power Corporation and Camotes Island…

D&L Industries, Inc. (DNL) celebrated its tenth anniversary as a publicly listed company through a bell ringing ceremony at the Philippine Stock Exchange (PSE) on Monday, December 12, which is exactly a decade after its initial public offering listing. DNL raised Php 5.3 billion from the sale of its primary and overallotment shares in 2012.…

The ASEAN Exchanges –Indonesia Stock Exchange (IDX), Bursa Malaysia, Philippine Stock Exchange, The Stock Exchange of Thailand, Singapore Exchange (SGX Group), and Vietnam Exchange, had gathered in Bali for the 35th ASEAN Exchanges CEOs Meeting last Friday (December 2). Hosted by IDX, the meeting aims to promote the synergy and collaboration among ASEAN Exchanges members…

The Philippine Stock Exchange, Inc. (PSE) approved the initial public offering (IPO) application of Premiere Island Power REIT Corporation (Premiere REIT), which is envisioned to be the power and infrastructure REIT platform of Prime Asset Ventures, Inc. Premiere REIT will be offering up to 1.40 billion firm shares and up to 210 million overallotment option…

The Philippine Stock Exchange, Inc. (PSE) reported that its operating revenues for the first nine months of the year was at Php 1.20 billion, 9.3 percent higher than the Php 1.10 billion registered in the same period a year ago. The growth in operating revenues was due to an increase in listing-related fees and trading-related…

LFM Properties Corporation (ticker: LPC) listed by way of introduction at The Philippine Stock Exchange, Inc. (PSE) on Wednesday, November 9. Shares of LPC were given as property dividend by its parent company, Liberty Flour Mills, Inc. (LFM), to its stockholders. LPC listed on the Small, Medium, and Emerging Board of the PSE. In his…

The Philippine Stock Exchange, Inc. (PSE) is hosting its first-ever investment literacy event for college students dubbed PSE Campus Expo 2022 on November 11, Friday, 9:00 a.m. to 3:00 p.m. Admission to the online conference is free. The Expo will showcase a panel discussion, seminars and workshops, and an investment simulation game. “Before the pandemic, PSE had regular Exchange visits…

Globe Telecom, Inc. (GLO) concluded its 10.12 million stock rights offering with a bell ringing ceremony held at the Philippine Stock Exchange (PSE) on Friday, October 28. The Ayala-led telecom company raised Php 17 billion from the capital raising activity. The listing ceremony was attended virtually by Securities and Exchange Commission Chairman Emilio B. Aquino…

For a fourth straight year, the Philippine Stock Exchange, Inc. (PSE) took part in the global Ring the Bell for Financial Literacy program of the World Federation of Exchanges (WFE). The bell ringing event on Wednesday, October 5, was led by PSE Chairman Jose T. Pardo and members of the PSE Board, PSE COO Atty.…

The Philippine Stock Exchange, Inc. (PSE) hosted the Road to IPO 2022, a virtual listing forum aimed at explaining the initial public offering (IPO) process, the ways to efficiently go about an IPO application, and the wide range of strategic benefits of an equity share sale. Companies from industries such as construction, finance, food and…

The Philippine Stock Exchange, Inc. (PSE) and Solar Philippines Nueva Ecija Corporation (SPNEC) executives led a bell ringing ceremony to mark the listing of the renewable energy firm’s 1.12 billion fully paid stock rights offer (SRO) shares on Thursday, September 15.  In his welcome message, PSE President and CEO Ramon S. Monzon lauded SPNEC for…

The Philippine Stock Exchange, Inc. (PSE) is encouraging more companies to join its Listing Engagement and Assistance Program (LEAP).  Since its introduction in the fourth quarter of 2020, 37 potential initial public offering (IPO) applicants have taken part in the program, of which three have successfully listed this year.    LEAP is the Exchange’s marketing…

The Philippine Stock Exchange, Inc. (PSE) is hosting the 2022 edition of the Road to IPO, which will feature a variety of topics and key strategic considerations related to initial public offerings (IPO). The virtual event scheduled on September 15 aims to gather business owners who would like to know more about the benefits of…

Publicly listed companies (PLCs) that took part in the recently concluded PSE: STAR Investor Day completed their company briefings and provided event participants with updates on their second quarter and first half 2022 financial results and outlook for the rest of the year. The mid-year investor briefing was attended by equities analysts, fund managers, and…

The Philippine Stock Exchange, Inc. (PSE) shareholders elected the Board of Directors who will serve for one year or until the next stockholders’ meetingduringthe company’s annual stockholders’ meeting held on Saturday, August 13. The 15-member PSE Board iscomprised of one President-director, five broker directors, andnine non-broker directors. Of the nine non-broker directors, at least five…

The mid-year edition of PSE STAR (Strengthening Access and Reach): Investor Day will be top billed by corporate and finance leaders of 15 publicly listed companies (PLCs). They will lead their respective company’s presentations on their second quarter and first half 2022 financial performance, recent projects and future plans before an audience of equity analysts,…

The Philippine Stock Exchange, Inc. (PSE) reported a 28.9 percent increase in operating income for the first half of 2022 to Php 486.75 million from Php 377.69 million in the same period last year. Listing-related fees were higher by 12.8 percent to Php 366.51 million. In the first six months of the year, there were…

The Philippine Stock Exchange, Inc. (PSE) Chairman Jose T. Pardo and Philex Mining Corporation (PX) Chairman Manuel V. Pangilinan led the bell ringing ceremony to mark the listing of PX stock rights offer (SRO) shares on Wednesday, August 3, 2022. The Php 2.65 billion raised from the SRO will be used by the company to…

The Philippine Stock Exchange, Inc. (PSE) and its community of trading participants expressed sorrow on the passing of Former President Fidel V. Ramos, who was instrumental in the merger of the Manila Stock Exchange (MSE) and Makati Stock Exchange (MkSE) into PSE. “This is a proud tribute to his administration, now that we stand united…

The index review from July 2021 to June 2022 showed that Semirara Mining and Power Corporation (SCC) was qualified to be a member of the 30-company PSE index (PSEi). The said security will replace Security Bank Corporation (SECB) effective August 8, 2022. The top publicly listed companies based on liquidity, market capitalization, and free float…

The Philippine Stock Exchange, Inc.  (PSE) is set to host the second edition of its investor relations activity dubbed PSE STAR (Strengthening Access and Reach): Investor Day. The virtual event set on August 16 to 18, 2022 will feature a new set of publicly listed companies (PLCs) that will tackle their first half financial results,…

The Philippine Stock Exchange, Inc. (PSE or Exchange) and the Bank of China (Hong Kong) Limited – Manila Branch (BOCMNL) inked a Memorandum of Understanding (MOU) to provide financial services in support of bilateral investment and trade through capital market linkages between the Philippines and China at the Department of Foreign Affairs (DFA) Office on…

Companies raise P62B through the stock market in 1H22 The Philippine Stock Exchange, Inc. (PSE) had eight initial public offerings (IPO) in the first six months of 2022, which is the same number of IPOs for the entire 2021. Of the eight companies that conducted IPOs, five were listed on the Main Board while three…

The post 1H22 IPOs match FY21 maiden offerings appeared first on The Philippine Stock Exchange, Inc. — PSE.

Balai Ni Fruitas Inc. (trading symbol: BALAI) celebrated its stock market debut as the latest addition to The Philippine Stock Exchange, Inc.’s (PSE) Small, Medium and Emerging (SME) Board through a bell ringing ceremony held on Thursday, June 30. BALAI listed 1.49 billion primary and secondary shares. In his welcome remarks, PSE President and CEO…

The post Balai Ni Fruitas Inc. marks stock market debut appeared first on The Philippine Stock Exchange, Inc. — PSE.

Balai ni Frutas, Inc., a company engaged in fruit-based beverages and desserts and freshly baked goods, secured its initial public offering (IPO) pass after The Philippine Stock Exchange, Inc. (PSE) approved the company’s listing application. The company will list on the Small, Medium and Emerging (SME) Board of the PSE under the trading symbol BALAI.…

The post PSE approves BALAI’s IPO application appeared first on The Philippine Stock Exchange, Inc. — PSE.

The Philippine Stock Exchange, Inc. (PSE) hosted a bell ringing ceremony to mark the closing of its trading floor on Friday, June 24. Trading participants (TP) that leased trading floor booths at the PSE Tower attended the event to witness the final day that trades were executed at the trading floor. PSE will shift to…

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The Philippine Stock Exchange, Inc. (PSE) Board and Management welcomed VistaREIT, Inc. (trading symbol: VREIT) in the roster of PSE-listed firms through a bell ringing ceremony held on Wednesday, June 15. VREIT listed 7.5 billion shares. In his welcome remarks, PSE President and CEO Ramon S. Monzon noted that VREIT may be the smallest REIT…

The post VistaREIT, Inc. joins the ranks of PSE-listed firms appeared first on The Philippine Stock Exchange, Inc. — PSE.

The number of online stock market accounts breached the one million mark in 2021.  In its annual stock market investor profile (SMIP) report, the Philippine Stock Exchange (PSE) announced that online investor accounts grew by 23.8 percent year-on-year to 1,159,034 from 936,200 in 2020. Online accounts comprised 71.5 percent of total stock market accounts in…

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The Philippine Stock Exchange, Inc. (PSE) hosted a listing ceremony for Raslag Corp. on its stock market debut. The renewable energy firm, which is traded under the ticker ASLAG, listed 1.5 billion shares on Monday, June 6. In his welcome remarks, PSE President and CEO Ramon S. Monzon shared that Engr. Peter G. Nepomuceno, ASLAG’s…

The post Raslag Corp. holds maiden share listing appeared first on The Philippine Stock Exchange, Inc. — PSE.

The Philippine Stock Exchange, Inc. (PSE) and the Philippine Dealing System Holdings Corp. (PDS) hereby express their support for the new administration of President-elect Ferdinand R. Marcos, Jr. and commend his excellent choices for his economic team in the persons of Bangko Sentral ng Pilipinas (BSP) Governor Dr. Benjamin E. Diokno as Secretary of Finance,…

The post Statement of Support for President-elect Ferdinand R. Marcos, Jr., and His Economic Team appeared first on The Philippine Stock Exchange, Inc. — PSE.

The Philippine Stock Exchange, Inc. (PSE) has given the go signal for North Star Meat Merchants, Inc. to proceed with its initial public offering slated from June 13 to 17, 2022. The meat vendor will offer up to 360 million primary shares and 32 million secondary shares with up to 58 million over-allotment option shares.…

The post North Star Meat Merchants receives IPO go signal appeared first on The Philippine Stock Exchange, Inc. — PSE.

Balai ni Frutas, Inc., a company engaged in fruit-based beverages and desserts and freshly baked goods, secured its initial public offering (IPO) pass after The Philippine Stock Exchange, Inc. (PSE) approved the company’s listing application. The company will list on the Small, Medium and Emerging (SME) Board of the PSE under the trading symbol BALAI.…

The post PSE approves BALAI’s IPO application appeared first on The Philippine Stock Exchange, Inc. — PSE.

The Philippine Stock Exchange, Inc. (PSE) successfully staged a virtual, three-day virtual investor briefing featuring 15 publicly listed companies (PLCs). The PSE STAR (Strengthening Access and Reach): Investor Day, which was attended by fund managers, equities analysts and investors, showcased the first quarter performance results and latest corporate updates of the participating PLCs. In his…

The post PSE mounts first-ever investor briefing for PLCs appeared first on The Philippine Stock Exchange, Inc. — 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…

The post Top executives of 15 PLCs to headline the first-ever PSE STAR: Investor Day appeared first on The Philippine Stock Exchange, Inc. — PSE.

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…

The post PSE posts P204M Q1 net income appeared first on The Philippine Stock Exchange, Inc. — PSE.

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…

The post Union Bank raises P40B from SRO appeared first on The Philippine Stock Exchange, Inc. — PSE.

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…

The post PSE okays VistaREIT IPO appeared first on The Philippine Stock Exchange, Inc. — PSE.

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…

The post Raslag Corp. gets IPO approval appeared first on The Philippine Stock Exchange, Inc. — PSE.

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…