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CORPORATE capital raising will likely not top P200 billion next year unless the listing of SM Prime Holdings Inc.'s real estate investment trust (REIT) pushes through, the Philippine Stock Exchange, Inc. (PSE) chief said last week.
In a briefing for analysts and investors on Wednesday, bourse officials reported that investment income climbed by 210.7 percent to P128.76 million as of end-September, a reversal of the P116.3-million net loss incurred a year earlier.
December 18, 2020 | 12:01 am Font Size BLOOMBERG/VEEJAY VILLAFRANCA THE Philippine Stock Exchange (PSE) has extended the timeline for the use of the proceeds for its stock rights offer (SRO) to Dec. 31, 2023, the local bourse said on Thursday. In a regulatory filing, the PSE said that it had so far disbursed 1,101.14 shares from its planned amount of 2,825.88. It detailed that its net proceeds were meant to be used for acquisition of the Philippine Dealing System (PDS), product development and working capital requirements at 1,580 shares, 360 shares and 885.88 shares, respectively. т...