Philippines Stock Exchange

Fintech titans GCash and Maya test IPO goals as Philippine market thins

The profitable rivals backed by Globe Telecom and PLDT are taking different routes to market

The framework will cover debt restructuring at an operating subsidiary level, which involves the refinancing and restructuring of Del Monte Philippines’ existing credit facilities.

Del Monte Pacific submits US$1.2 billion restructuring plan after US unit’s bankruptcy

Negative stockholders’ equity position triggers filing with the Philippine Stock Exchange

The country’s benchmark Philippine Stock Exchange Composite Index rallied on Feb 11 to hit 6,543.35 points, from a six-year low of 5,584.34 in November last year.

Philippine equities start the year hot, but can they overcome scandal and slump?

The undervalued benchmark index could rebound from a five-year low to hit 7,100 this year, says analyst

Under its proposed tier-based rules, a minimum 33% public float level will be required for companies with expected market capitalisation of 500 million pesos or less.

Philippines eyes easing IPO float rules to lure firms like GCash

Companies will be required to keep certain minimum public float levels after listing

Funds are rotating back into Philippine shares as they brace for some of the steepest policy easing in emerging Asia.

Foreigners buy most Philippine stocks in two years on BSP Bets

The buying has helped lift the nation’s benchmark index this week, set to close about 7% higher

The MSCI Philippines Index has only 11 members, with over two-thirds of the gauge concentrated in financials and industrials.

Philippines seeks fix for world’s worst-performing stock market

The country has only listed a fraction of the companies than its regional peers

It previously said that “consolidation difficulties” linked to its US-based subsidiary that filed for bankruptcy, Del Monte Foods (DMF), were part of the reason for the extension requests.

Del Monte Pacific gets Philippine Stock Exchange suspension after annual report non-submission

It did not meet the bourse’s extended deadline ‘due to the same reasons disclosed by the company (when) requesting the extension’, Del Monte says

CREC's 60-megawatt-peak utility-scale solar photovoltaic power plant in Toledo, Cebu. The company currently has 10 operating utility-scale solar farms.
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Philippine energy giant Citicore Renewable eyes Cambodia, Myanmar after Pertamina deal

A secondary listing in Singapore is ‘an option’, says president and chief executive Oliver Tan 

Hotel101 Global is the first Filipino-owned company to list on Nasdaq. The proptech hospitality platform is led by its chairman Edgar Sia (centre, giving a thumbs-up) and co-chairman Tony Tan (centre, with shades).

How the youngest Filipino billionaire and Jollibee’s founder unleashed S-E Asia’s quiet dragon on Wall Street

Singapore-based Hotel101 Global is the brainchild of fast-food tycoons Edgar Sia and Tony Tan

Golden MV is planning to change its name to Villar Land Holdings as it focuses on the project.

Philippines has priciest property stock on business hub plan

Golden MV has no official analyst ratings or earnings estimates according to data compiled by Bloomberg