Gov’t officials, top executives to talk about IPO benefits

Published May 13, 2021, 3:16 PM

by James A. Loyola

The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public.

The PSE said these executives will be part of a roundtable discussion entitled The Road to IPO to be held on May 25 at 2:00 p.m. 

This event aims to equip entrepreneurs and business owners with knowledge and insights on the process of going public from the perspective of those who have actually gone through it. 

Key panelists participating in The Road to IPO roundtable discussion are SM Investments Corporation Chairman Jose T. Sio, Bank of Philippine Islands President and CEO Jose Teodoro K. Limcaoco, Puregold Price Club, Inc. Director and Cosco Capital, Inc. President Leonardo B. Dayao, and Wilcon Depot, Inc. President and CEO Lorraine Belo-Cincochan.

Government support for the growth of the capital market through more listings will be highlighted in the keynote message of Finance Secretary Carlos B. Dominguez III and the welcome remarks of Securities and Exchange Commission Chairman Emilio B. Aquino.

“What better way to embolden companies to conduct an IPO than to hear meaningful insights from those who have successfully gone through the IPO route, and continue to reap the benefits of being a listed company,” PSE President and CEO Ramon S. Monzon said.

He noted that, “Companies who are considering listing to raise funds will find a lot of value in attending this roundtable discussion.”

“Business founders must realize that an IPO is not the end, but actually a catalyst to propel their companies to a higher level of growth and maturity,” Monzon added.

He said “We are opening more avenues for entrepreneurs to learn more about the process of going public, as well as introduce reforms in our listing requirements in order to encourage more businesses to consider capital raising through the stock market.”

Companies interested in joining The Road to IPO roundtable discussion may contact PSE’s Marketing Services Department through [email protected] for more information.