ABS-CBN on MSN51m
PSE cuts IPO minimum public float
The Philippine Stock Exchange (PSE) has cut the minimum public float requirement for initial public offering (IPO) from 20% to 15%. Officials hope that with this, more companies go public following a ...
The Manila Times1h
HappyCash empowers Filipinos with SEC-licensed, tailor-made lending solutions for financial inclusion
HappyCash, a fintech platform operated by Yinshan Lending Inc., has officially launched in the Philippines, aiming to provide ...
Manila Bulletin12h
SEC approves lower IPO float for large offerings, clearing path for GCash
The Securities and Exchange Commission (SEC) has approved a proposal by the Philippine Stock Exchange (PSE) to exempt giant ...
The Manila Times on MSN17h
ACEN investing P660M in special purpose unit
ACEN Corp., the listed renewable arm of the Ayala Group, plans to invest P660 million in subsidiary Buendia Christiana Holdings Corp. (BCHC) by subscribing to 6.60 million common and redeemable ...
Philstar.com18h
SEC looking forward to GCash IPO
The Securities and Exchange Commission is rooting for a successful initial public offering (IPO) of mobile wallet giant GCash ...
BusinessWorld19h
SEC says GCash proposal to relax MPO rule ‘possible’
THE Securities and Exchange Commission (SEC) said it is possible to lower the 20% minimum public ownership (MPO) requirement for public listings to accommodate the planned stock market debut of mobile ...