SunStar
+ May 13, 2021 THE Philippine Stock Exchange Inc. (PSE) will be conducting a roundtable discussion entitled “The Road to IPO” on May 25, 2021 at 2 p.m.
Top executives of PSE-listed firms will talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from being listed at the PSE.
This event aims to equip entrepreneurs and business owners with knowledge and insights on the process of going public from the perspective of those who have actually gone through it.
Panelists
Key panelists participating in “The Road to IPO” roundtable discussion are SM Investments Corp. chairman Jose Sio, Bank of the Philippine Islands president and chief executive officer Jose Teodoro Limcaoco, Puregold Price Club Inc. director and Cosco Capital Inc. president Leonardo Dayao and Wilcon Depot Inc. president and chief executive Lorraine Belo-Cincochan.
The Philippines has become the fourth country to join the ASEAN Collective Investment Schemes Framework, a funds passporting scheme established by the ten-member Association of Southeast Asian Nations.
The move will allow approved Philippine funds to be sold under a streamlined authorisation process to retail investors in countries that have joined the cross-border scheme.
The other signatories are Malaysia, Singapore and Thailand. The Philippines Securities Exchange Commission (Philippines SEC) has signed a memorandum of understanding with counterparts from the three countries for admission into the scheme.
“The entry of the Philippines into the framework is the latest step towards enhancing capital market connectivity in the region,” the ASEAN Capital Markets Forum (ACMF), a group comprising securities regulators from the bloc, says in a statement on May 11.
Philippines joins ASEAN cross-border investing framework Philippines Daily Inquirer
MANILA, Philippines Philippine investment companies and fund managers can now offer eligible funds to retail investors in Malaysia, Singapore, and Thailand while their counterparts in these neighboring countries can similarly pitch investment products to the local market, boosting cross-border investment flow in the Southeast Asian region.
This as the Securities and Exchange Commission (SEC) became the newest signatory to the Association of Southeast Asian Nations (ASEAN) Collective Investment Schemes (CIS) Framework, an initiative under the regional capital markets integration plan endorsed by the ASEAN Finance Ministers in 2009 to facilitate cross-border product access and fund distribution for investors and issuers, respectively.
SEC: Minority investors can call meetings visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.
SEC formally rolls out new company registration system
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Starting on Monday, April 19, the agency will accept and process under eSPARC all applications for registration of one person corporations (OPCs) and both stock and nonstock domestic corporations with at least two but not more than 15 incorporators who may either be natural persons, partnerships, associations, or corporations.
SEC chairperson Emilio Aquino said eSPARC “brings us another step closer to our vision of a unified system” that can seamlessly handle the company registration process from end to end.
“As we proceed further with the commission’s digital transformation, we also have to ensure that our stakeholders may adapt well and be able to fully take advantage of our ongoing initiatives, which are after all aimed at improving the ease of doing business in the country for them,” he said.