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Technology firm prepares for P1.43-B IPO

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Technology firm Xurpas Inc., one of the country’s major independent mobile consumer content providers, has obtained the approval of the Securities and Exchange Commission for its plan to raise as much as P1.43 billion via an initial public offering.

Posted: October 31st, 2014 in Headlines | Read More »

SSI maiden offer sparks strong demand

High-end retailer SSI Group has priced its initial public offering at P7.50 a share, hitting the upper end of the indicative range, as investors bet on rising consumer affluence in the Philippines.

Posted: October 24th, 2014 in Headlines | Read More »

Retail group SSI expanding market presence

SSI group

High-end retailer SSI Group is riding on increasing consumer affluence in the country to ramp up the expansion of its store footprint and incorporating e-commerce into its growth story.

Posted: October 23rd, 2014 in Latest Business Stories | Read More »

PLDT sees interest in Berlin startup taking off

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Philippine Long Distance Telephone Co. (PLDT) saw its investment in Rocket Internet AG surge, at least on paper, as the Internet startup developer based in Berlin, Germany, filed for an initial public offering.

Posted: September 25th, 2014 in Headlines | Read More »

IPO of Phoenix Semicon gets regulator’s approval

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The Philippine Stock Exchange has approved a plan by Phoenix Semiconductor Philippines Corp. (PSPC), a Korean-owned semiconductor outsourced manufacturer based in Clark Freeport in Pampanga, to sell P2.66 billion worth of shares from a stock market debut.

Posted: July 4th, 2014 in Headlines | Read More »

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