Friday, 24 January 2025
1 day ago
Cebu’s Top Line aims to be 1st IPO in 2025, sweetens deal terms with lower price
By: Miguel R. Camus
Top Line Business Development Corp., a fast-growing fuel trading and retail company based in Cebu, has moved its initial public offering (IPO) to the second quarter, potentially becoming the first company to list in 2025.
15 Jan 2025
9:06AM
PSE’s Monzon: ‘Positives outweigh the negatives’ as market eyes 2025 gains
By: Miguel R. Camus
Low valuations at the Philippine Stock Exchange (PSE) present a rare opportunity for investors, offering long-term potential despite looming risks from ongoing geopolitical tensions and uncertainties over a second Trump presidency, PSE president Ramon Monzon said.
13 Jan 2025
10:15AM
Tycoon Hans Sy says biggest PH mall IPO unlikely in 2025, listing plans on hold indefinitely
By: Miguel R. Camus
The country’s biggest mall developer, SM Prime Holdings, doesn’t see a $1-billion listing of its shopping center assets this year. In fact, tycoon Hans Sy suggested it might never materialize unless a compelling reason emerges.
6 Jan 2025
11:00AM
PSE weighs exemptions to clear path for GCash IPO; payments giant eyes $8B valuation
By: Miguel R. Camus
Philippine Stock Exchange president and CEO Ramon Monzon is working to help list GCash in 2025 as the payments giant seeks a valuation of around $8 billion, larger than its key shareholders Globe Telecom and conglomerate Ayala Corp.
Bold move: GCash ditches dual listing plan; IPO to be a purely PSE affair in 2025
28 Nov 2024
4:08PM
Ayala gets 2nd Japanese partner for GCash, but deal’s strategic impact is even bigger
18 Oct 2024
10:02AM
Japan’s Mitsubishi to buy GCash stake for P18B via 50% of Ayala’s AC Ventures
17 Oct 2024
4:47PM
3 Dec 2024
4:53PM
INSIDER INFO: Mango, Carolina Herrera retailer eyes PSE listing, but market headwinds could hold plans back
By: Miguel R. Camus
A low-key retail tycoon may end the decade-long drought of fashion and apparel IPOs with a prospective listing currently under review for next year.
15 Nov 2024
11:54AM
DoubleDragon targets landmark industrial estate IPO, Nasdaq listing
DoubleDragon Corp., a venture led by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, is gearing up for the Philippines’ first industrial estate-themed initial public offering in late 2025, targeting its CentralHub Industrial Warehouse subsidiary.
2 Nov 2024
12:00AM
SM Prime CEO: Mega IPO ‘not top of the list,’ developer has other funding options
By: Miguel R. Camus
SM Prime Holdings is in no rush to list its shopping mall assets in what could be the country’s largest initial public offering (IPO), as president Jeffrey Lim said the real estate giant has alternative funding sources to bankroll its expansion.
17 Oct 2024
3:33PM
Renewable power player Alternergy eyes land asset IPO to reach 500-MW goal
Alternergy Holdings Corp. (ALTER) is considering raising equity through the listing of a real estate investment trust (REIT).
11 Oct 2024
9:26AM
PSE to host IPO forum amid PH bull market
The Philippine Stock Exchange (PSE) is gearing up for its highly anticipated Road to IPO forum, targeting ambitious firms ready to go public in the midst of a market bull run.
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