Sun.Star Cebu

Top execs support campaign to boost listing in PSE

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THE Philippine Stock Exchange Inc. (PSE) will be conducting a roundtable discussion entitled “The Road to IPO” on May 25, 2021 at 2 p.m.

Top executives of PSE-listed firms will talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from being listed at the PSE.

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.

Panelists

Key panelists participat­ing in “The Road to IPO” roundtable discussion are SM Investment­s Corp. chairman Jose Sio, Bank of the Philippine Islands president and chief executive officer Jose Teodoro Limcaoco, Puregold Price Club Inc. director and Cosco Capital Inc. president Leonardo Dayao and Wilcon Depot Inc. president and chief executive 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 Dominguez III and the welcome remarks of Securities and Exchange Commission chairman Emilio 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. Companies who are considerin­g listing to raise funds will find a lot of value in attending this roundtable discussion,” PSE president and chief executive officer Ramon Monzon said.

“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. 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,” Monzon added.

Early this year, the PSE targets to welcome three IPOs and four real estate investment trusts. It is also looking forward to a better market performanc­e this year.

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