The Philippine Stock Exchange (PSE) intends to keep Chairman Jose T. Pardo on its board of directors, no longer as an independent director but as a non-broker director representing other market participants, when it holds its board elections during its annual stockholders’ meeting (ASM) on July...
The Securities and Exchange Commission (SEC) is seeking formal counter-proposal from stockbrokers as tensions escalate over the plan to impose term limits on directors at the Philippine Stock Exchange (PSE). SEC Chairman Francis Lim said that while he remains open to feedback from the Philippine...
The Securities and Exchange Commission (SEC) is moving to overhaul the stock exchange 's leadership, proposing strict term limits that would unseat several long-serving power players in the local brokerage community. Under draft SEC rules released for public comment, broker directors would be...
Paterno-led Philippine Seven Corp. (PSC), the master franchisee for the 7-Eleven convenience store chain in the Philippines, is targeting to have a total of 5,000 branches in operation in 2026 from the 4,130 stores opened as of the end of 2024. In a press briefing after the firm’s annual...
Philippine Seven Corporation and Philippine Stock Exchange Chairman Jose T. Pardo Philippine Seven Corporation (PSC), the local licensee of 7-Eleven Convenience Stores, announced that the Chairman of its Board of Directors Jose T. Pardo is retiring and stepping down on July 17, 2025. In a...
Jose T. Pardo and Ramon S. Monzon were re-elected as chairman and president, respectively, of the Philippine Stock Exchange, while Employers Confederation of the Philippines Chairman Edgardo G. Lacson returned to the bourse’s board of directors after a three-year hiatus. Photo (from left,...
China Banking Corporation (Chinabank) has changed its stock symbol at the Philippine Stock Exchange (PSE) from "CHIB" to "CBC" following a bell ringing ceremony at the bourse on June 19. Stage left, from right: Chinabank Chairman Hans Sy, Pres. & CEO Romeo Uyan Jr., and Directors Joaquin...
The Philippine Stock Exchange (PSE) and Philippine Dealing System Holdings Corp. (PDSHC) cheered the appointment of former Robinsons Land Corporation President and CEO Frederick D. Go as the investment czar of the Marcos administration. In a statement, the PSE and PDSHC said their Board of...
The Philippine Stock Exchange (PSE) announced the election of two new independent directors, Peter B. Favila and Andrew Jerome T. Gan, at the company’s annual stockholders’ meeting (ASM) held on August 5, 2023. Photo (from left, by row): President and CEO Ramon S. Monzon, Chairman and...
The Philippine Stock Exchange saw its brightest moments during the Aquino administration with the main index surging to its highest levels while companies raised record amounts of capital from the public through the bourse. On July 1, 2010, the first trading day since Former President Benigno S....
Stock broker Eusebio H. Tanco has formally declined his nomination as director of the Philippine Stock Exchange (PSE) for the Board elections on July 1 after his brokerage Venture Securities Inc. has been penalized by regulators in relation to illegal transfers of shares worth P700 million. In a...
