Blaming market conditions, DITO CME Holdings Corporation has formally informed the Philippine Stock Exchange that it is deferring its P8 billion stock rights offering but the bourse said it has yet to approve the deferment. “The Exchange was notified by DITO CME Holdings Corp. that its...
Figaro Coffee Group, Inc. (FCG) successfully listed its shares at the Philippine Stock Exchange with its share price closing a notch higher at P0.77 apiece from its initial public offering price of P0.75 per share. FCG’s share price hit a high of P0.89 intraday, up 18.7 percent from its IPO price...
Residential developer Haus Talk, Inc. (HTI) marked its successful debut at the Philippine Stock Exchange’s Small, Medium and Emerging (SME) Board with its share price closing 10 centavos or 6.67 percent higher at P1.60 apiece. 59732 During its initial trading day, HTI shares ranged from a low of...
The Philippine Stock Exchange announced that it will be reverting to shortened trading hours starting Friday, Jan. 14, 2022, “in view of the surge in COVID-19 cases caused by the Omicron variant.” In a circular, PSE President Ramon S. Monzon said the bourse will have shortened trading hours...
The Philippine Stock Exchange has cancelled trading for Tuesday, Jan. 3, after failing to resolve a technical issue that prevented 43 brokers from connecting to the bourse’s trading system. The PSE initially announced a delay in market opening “due to a technical issue that is currently being...
The Philippine stock market benchmark index PSEi plunged 2.89 percent on the last trading day of 2021 to 7,122.63. This drop pulled the index to slightly lower than its 7,139.71 close in 2020 when the market was also reeling from the impact of the pandemic. The All Shares index shed 10.6 percent...
Solar Philippines Nueva Ecija Corporation (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia, has successfully made its trading debut on the Main Board of the Philippine Stock Exchange (PSE). The firm’s shares closed its first trading day at P1.01 per...
The Philippine Stock Exchange (PSE), in partnership with the Department of Trade and Industry through the Board of Investments (BOI), is holding a forum to encourage firm receiving government incentives to go public. In a statement, the PSE said they will conduct an initial public offering (IPO)...
Solar Philippines Nueva Ecija Corp. (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia, has kicked off its P2.7 billion initial public offering (IPO) which will run until Tuesday, Dec. 7. Based on documents filed with the Philippine Stock Exchange, the firm...
The Keepers Holdings Inc., retailer Lucio Co’s liquor import and distribution business, has successfully listed its P4.5 billion follow on offering shares at the Philippine Stock Exchange with its share price rising 12.7 percent to close at P1.69 apiece. PSE President Ramon S. Monzon said The...
The Philippine Stock Exchange (PSE) reported that its net income rose 43.7 percent to P541.53 million in the first three quarters of 2021 from P376.84 million in the same period last year on higher operating revenues. In a disclosure, the bourse said its listing-related fees, trading-related fees...
Synergy Grid and Development Philippines, Inc. (SGP) successfully listed the shares from its P13.8 billion follow-on offering (FOO) on the Philippine Stock Exchange (PSE). The stock closed 5 percent higher at P12.60 per share from its FOO price of P12.00 apiece. SGP offered 1.05 billion common...
