We are sorry, the requested page does not exist
Metro Global given 6 months to avoid involuntary delisting
The PSE gave notice to Metro Global Holdingsthat it has six months to increase its public float above 10% to comply with the PSE’s Minimum Public Ownership (MPO) rule or be “automatically delisted” from the stock exchange......»»
A Brown Company prefs follow-on offering approved by the PSE
The A Brown Company preferred shares follow-on offering was approved by the PSE......»»
Century Properties P4-B prefs sale approved by PSE
Century Properties had its follow-on offering of preferred shares approved by the PSE......»»
SP New Energy suspended again for public float violation
SP New Energy was suspended at the close of trading on Friday by the PSE after a block sale pushed SPNEC’s public float down to 19.57%, below the PSE’s minimum public float requirement of 20%......»»
Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025
Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»
PSE approves CREC IPO
The Philippine Stock Exchange Inc. has approved the initial public offering of Citicore Renewable Energy Corp., the first for this year......»»
Citicore Renewable Energy approved for IPO on March 22
Edgar Saavedra’s application to list Citicore Renewable Energy has been approved by the PSE......»»
Market still not conducive for IPO
PNB Holdings Corp., a wholly-owned subsidiary of the Philippine National Bank, is ready to conduct an initial public offering, according to Carlu Fernandez, Philippine Airlines’ general counsel, but market conditions are still not conducive to an IPO at this time......»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Alternergy reallocates IPO proceeds to Tanay and Alabat projects
Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»
OceanaGold PH IPO approved by SEC
OceanaGold received SEC approval for its proposed P7.88 billion IPO......»»
SEC makes registration easier for power companies that are forced to IPO by law
The SEC issued a notice that simplifies the registration process for power generation companies and distribution utilities that are forced to IPO at least 15% of their shares under the EPIRA law......»»
Davao residents unsure about city’s near future
DAVAO CITY (MindaNews / 23 February) – Majority of Dabawenyos are uncertain about the city’s future in the next five years, according to a study conducted by the University of Mindanao-Institute of Popular Opinion (UM-IPO). Dr. John Vianne Murcia, director of UM-IPO, said during Kapihan sa Philippine Information Agency-Davao on Friday that only 46.7 percent […].....»»
Davao City barangays need to improve disaster response
DAVAO CITY (MindaNews / 21 February)—Dabawenyos believe that barangays in this city should improve on disaster response efforts to deal with calamities more effectively, according to a survey conducted by the University of Mindanao’s Institute of Popular Opinion (UM-IPO). During “Wednesdays Media Forum at Habi at Kape,” Dr. John Vianne Murcia, UM-IPO director, said that […].....»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
DoubleDragon secures HBNB ticker symbol for Hotel101’s Nasdaq IPO
DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, said last week that it will use the ticker “HBNB” for the Nasdaq IPO of its subsidiary, Hotel101 Global Pte Ltd......»»
CREC likely to move IPO to Q2
The planned initial public offering of Citicore Renewable Energy Corp., potentially the first IPO of 2024, may be moved to the second quarter of the year in line with the expected lowering of interest rates by then......»»
OceanaGold Philippines files for P7.9-B IPO
OceanaGold Corp. a Canadian gold mining company [link], has filed an application to the SEC to conduct an IPO for its Philippines-based subsidiary, OceanaGold Philippines......»»
OceanaGold files for Philippine unit’s IPO
Australian-Canadian firm OceanaGold Corp. has filed for an initial public offering (IPO) of up to P7.9 billion for its Philippine subsidiary in compliance with the conditions of its renewed mining contract......»»
Balai Ni Fruitas response to write-up on the reallocation of IPO proceeds
On Tuesday, I wrote about Balai Ni Fruitas and the BALAI board’s reallocation of IPO proceeds to commissary construction, away from store network expansion......»»