Food and plastic input manufacturer D&L Industries debuted on Wednesday in the Philippine Stock Exchange on a positive note, riding on its proposition as an indirect play into the robust local consumer segment.
Retail businesses that have recently achieved growth strides are exploring the possibilities of listing on the stock exchange to access capital, according to the Philippine Retailers Association.
Shares of upscale property developer Rockwell Land Corp. more than tripled following the company’s listing by introduction on the local stock exchange Friday, rewarding Manila Electric Co. stockholders who received its common shares as property dividends.
Online lottery distributor Lucky Circle Corp. may push through with its planned listing by way of introduction—or without selling newly issued shares—on the Philippine Stock Exchange (PSE) by early next year, a top official said. The move, which aims to unlock more value for shareholders of its parent firm Pacific Online Systems Corp., will prepare [...]
MANILA, Philippines—Shares of Philex Petroleum Corp. sizzled on the company’s stock listing debut on Monday as the company unveiled an $80-million exploration plan for its concession area in the Recto Bank (Reed Bank), which contains the Sampaguita natural gas discovery in offshore west Palawan. Philex Petroleum, which listed by way of introduction on the PSE [...]
