PSE urges SMEs to go public

    0
    80

    The Philippine Stock Exchange (PSE) on Tuesday said its online forum for small and medium enterprises (SMEs) will feature speakers who will share their insights on how SMEs can access the stock market for capital raising through an initial public offering (IPO).

    The virtual forum will be held on September 16 and 17 and is open to SMEs.

    The said forum is organized in partnership with the Department of Trade and Industry and the Securities and Exchange Commission (SEC).

    “We invited seasoned practitioners who have been involved in the IPO process to share their insights and experiences in helping companies go public. Through them, we want to give SMEs a preview of what the IPO journey will be like so they can prepare for this landmark event when it’s time for them to raise capital through the stock market,” PSE President and CEO Ramon S. Monzon said.

    On September 16, Asian Development Bank senior economist Shigehiro Shinozaki will discuss the situation of SMEs in the country while Unicapital Inc. First Vice President Pamela Louise Q. Victoriano will talk about the IPO listing process.

    MerryMart Consumer Corp. Chairman Edgar J. Sia II will also share the company’s IPO story. Sia’s company debuted at the PSE in June 2020 and was the first company to list on the PSE and the SME Board during the Covid-19 pandemic.

    The first day of the forum will be capped off with a message from PSE COO Roel A. Refran.

    The second day will be opened by a message from SEC Chairman Emilio B. Aquino. It will be followed by discussions on the SEC IPO registration process with Markets and Securities Regulation Department director Vicente Graciano P. Felizmenio Jr.

    KPMG R.G. Manabat’s audit and assurance director Karlo Eleazar V. Baral will talk about the audit and financial Preparation for an IPO, Picazo Buyco Tan Fider and Santos managing partner Gabriel A. Dee will discuss the the integral role of the legal counsel in IPO listing, while D&L Industries Inc.’s investor relations manager Crissa Marie Bondad-Mendoza will focus on understanding the importance of investor relations for SMEs.

    The forum presenters will also entertain questions from the attendees during the question and answer segment of the event.

    Read full article on BusinessMirror

    Leave a Reply