PSE to host activity for IPO-ready firms

THE Philippine Stock Exchange inc. (PSE) will hold the inaugural PSE l earn iPO Strategies and Tactics (liST) Masterclass on Thursday.

The event is exclusive to companies under PSE’s listing Engagement and a ssistance Program that are considered eligible and are prepared to conduct an initial public offering (iPO).

The PSE liST will cover topics, such as iPO registration process and procedures, due diligence and compliance requirements, among others.

Resource speakers include PSE issuer regulation division head Marigel B. Garcia, Securities and Exchange Commission director Vicente Graciano P. Felizmenio Jr. and Fund Managers a ssociation of the Philippines board of senior adviser Frederico Rafael d Ocampo.

a s part of the department’s initiatives in establishing a digitalized Philippines, undersecretary for eGovernance david a l mirol introduced the eGov Super app. The app is poised to be the Philippines’ first one-stop platform for local and national government services that will streamline processes and transactions to bring ease of doing business to all Filipinos.

Cebu l a ndmasters inc.’s President and CEO Jose R. Soberano iii will share experiences on preparing for an iPO, transitioning the company from privately-owned to publicly-listed and the responsibilities post-iPO.

“PSE liST was designed for companies that may start the paper work on their listing applications anytime. We want the officers of these companies to be better equipped during the iPO application process by getting pertinent information directly from the regulators,” PSE President and CEO Ramon S. Monzon said.

The PSE l i S T will be conducted in small groups throughout the year and will be a continuing initiative for companies that are under PSE l E a P PSE lE a P is the bourse’s marketing program focused on assisting interested and potential iPO listing applicants. The program provides handholding guidance to clients via one-on-one advisory sessions, access to online pre-listing assessment tools, and assistance in connecting potential clients to seasoned iPO advisors. The services offered under lE a P are free of charge.

Currently, over 40 companies are registered with PSE lE a P

For the year, the bourse said it will continue to host activities aimed at raising awareness about iPO listing such as the Corporate Connect and Road to iPO programs. The Corporate Connect activity is co-organized in partnership with select financial advisors and business organizations to drive awareness and create interest in tapping the equities market for capital raising.

Meanwhile, the Road to i P O is a roundtable discussion featuring prominent executives from publicly-listed companies and stakeholders in the listing process to give potential listing applicants a preview of what to expect when preparing to go public. VG Cabuag