PSE relocates to BGC, leaves Ayala,Tektite floors
The Philippine Stock Exchange Inc. (PSE) held its ceremonial closing bell ringing events on separate occasions last week at its Ayala and Tektite trading floors.
The two events marked the last time that the trading bell is rang in both locations.
On Monday, Feb. 19, the PSE will open its new headquarters and trading floor in PSE Tower, Bonifacio Global City (BGC).
During the bell ringing event at PSE Ayala, PSE chairman Jose Pardo said the exchange would be starting a new journey next week at its new office.
“As we move to our new office at the Bonifacio Global City, we shall embark on recording new history for the stock market and for our country,” Pardo said.
The PSE’s new office is at 5th Avenue corner 28th Street, Bonifacio Global City, Taguig.
Present during the closing bell ringing ceremonies were PSE directors Wilson Sy, Amor Iliscupidez, Jesus Clint Aranas, Francis Chua, Eusebio Tanco, Vivian Yuchengco, Edgardo Lacson and Emmanuel Bautista; Ayala Corp. chairman and chief executive officer Jaime Augusto Zobel de Ayala and PSE president Ramon Monzon.
Also present were PSE COO Roel Refran, PSE director Eddie Gobing, Philippine Realty and Holdings Corp. (RLT) director Gerardo Domenico Antonio Lanuza and RLT chairman Gerardo Lanuza, Jr.
The PSE sold its Ortigas offices to RLT for P257.18 million.
It was in 2015 when the PSE bought office spaces worth P805.4 million in BGC from Fort Bonifacio Development Corp., the main developer of the sprawling, 240-hectare central business district.
The move to BGC is part of the long-term plan to unify the trading floors in Ortigas and Ayala into one headquarters.