The 15-member Philippine Stock Exchange (PSE) board led by chair Jose Pardo and president Hans Sicat has obtained a fresh mandate from stockholders for another one-year term as guardians of the bullish local stock market.
The Philippine Stock Exchange plans to woo Japanese investors into participating more in the robust local stock market by holding a road show in Tokyo this week.
The Philippine Stock Exchange (PSE) may recommend to corporate regulators the exemption of several listed firms from the 10-percent public float rule.
“Fluid” is how a source describes the state of affairs in Ortigas Holdings, whose shareholders are mulling over a buyout offer by tycoon Henry Sy. The source, who is affiliated with family members who are lukewarm to SM Investments’ package, tells Biz Buzz that the basic argument not to sell is the fact that the current offer on the table does not fully capture the value of the Ortigases’ vast urban landbanking.
The Philippines is in the “sweet spot” of the capital market despite lingering overseas volatility, given improving market liquidity, domestic investor participation and resilient domestic economic fundamentals, capital market experts said Monday.
