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...
AllDay Marts Inc. marked a successful debut at the Philippine Stock Exchange (PSE) with its share rising 50 percent to P0.90 apiece and hitting the ceiling of the trading band immediately upon listing. The firm raised P4.5 billion from its oversubscribed initial public offering (IPO) of 6.86...
The Philippine Stock Exchange Board of Directors has approved the listing of the shares of Medilines Distributors Inc. (MEDIC), paving the way for its planned P2 billion initial public offering (IPO). For its maiden offering, MEDIC will be selling up to 825 million primary and secondary shares from...
The Philippine Stock Exchange’s Board of Directors has approved the listing of the shares of AllDay Marts, Inc. at the bourse’s Main Board—paving the way for the retailer’s P6 billion initial public offering. AllDay Marts, the operator of AllDay Supermarkets, will be offering up to 6.86...
Chief executives of stock exchanges in the ASEAN have agreed to actively promote the region’s capital market as an asset class. During at the 33rd ASEAN Exchanges CEOs Meeting hosted by The Philippine Stock Exchange, Inc. (PSE), the capital market leaders also discussed potential initiatives to...
RL Commercial REIT, Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, successfully listed its shares at the Philippine Stock Exchange with its share price holding steady amid a weaker market. 32437 RCR makes history as the Philippines’ largest publicly-listed REIT with a...
Filinvest REIT Corp., (FILREIT) successfully listed at the Philippine Stock Exchange, closing the day one fluctuation higher at P7.02 from its initial public offering price of P7.00 despite the drop in the local market. “After months of great uncertainty, we finally arrived in our destination:...
The Philippine Stock Exchange announced the recomposition of its benchmark index with the addition of AC Energy Corporation and Converge Information and Communications Technology Solutions, Inc. starting August 16, 2021. In a statement, the bourse said the two securities will replace DMCI Holdings,...
While it already expects record high listing activities this year, the Philippine Stock Exchange is preparing to launch new rules and products that will further stir up trading at the local bourse. During the PSE’s Mid-Year Stock Market Briefing, PSE President Ramon S. Monzon said plans include...
Since it’s maiden public offering 30 years ago, the market capitalization of real estate giant Ayala Land Inc. has ballooned to over P500 billion from P42 billion, making ALI among the largest companies in the Philippine Stock Exchange Index. The Philippine Stock Exchange, Inc. (PSE) and ALI have...
