PSE WOOS SMES TO LIST

The Philippine Stock Exchange Inc. (PSE), in partnership with the Department of Trade and Industry (DTI) and Securities and Exchange Commission (SEC), will conduct a two-day virtual forum for potential small, medium and emerging (SME) board listing applicants.

The event dubbed as, “The Road to IPO: SME Forum,” will be held on Sept. 16 and 17 from 2 to 4 p.m.

“We had a similar IPO (initial public offering) event in May, but that covered all potential listing applicants. This forum is aimed at large companies in the SME segment and SMEs with high growth potential that are looking to raise capital for expansion, research and development, and other business needs,” said PSE president Ramon Monzon.

“We are pleased to have the support of DTI and SEC in this endeavor, which is just one of several activities lined up to boost listings in the SME board,” Monzon added.

The forum will feature topics that will help SMEs understand the benefits of going public, the different phases in the IPO process and the role of external parties that listing applicants work with to realize their IPO dream.

“The PSE’s SME board has been around for several years now because we have long wanted to be a conduit of SMEs in achieving their growth potential. We understand that the original rules were restrictive so we worked on easing the listing requirements to make capital raising through the stock market a more viable option for them. Hopefully, the more favorable rules will help going public a more achievable goal for SMEs,” Monzon explained.