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                    [ArticleID] => 198500
                    [Title] => PSE to offer new service for IPOs
                    [Summary] => In an effort to attract more investments in the stock market, the Philippine Stock Exchange plans to offer a new service that will allow local small investors to  file applications electronically to subscribe to shares under an initial public offering.


PSE president Ernest Leung said the new facility can be a convenient alternative to the current practice of securing the necessary forms directly from the broker firms or cut-out of forms printed in the newspapers.


                    [DatePublished] => 2003-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 184834
                    [Title] => SEC approves changes to PSE listing rules
                    [Summary] => The Securities and Exchange Commission has approved amendments to the listing rules of the Philippine Stock Exchange that include giving small investors a 10-percent discount on the offer price of shares under an initial public offering (IPO).


The SEC approved the proposed IPO rules of the PSE despite objections by the Investment Houses Association of the Philippines (IHAP), which argued that a market discount would only create price distortions in the market and could result in the dumping of shares on the first day of listing.


                    [DatePublished] => 2002-11-21 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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            [2] => Array
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                    [ArticleID] => 179113
                    [Title] => SEC set to okay 10% discount on initial public offerings
                    [Summary] => The Securities and Exchange Commission is likely to approve  the proposal of the Philippine Stock Exchange to give a  10-percent discount on all initial public offerings, saying this could perk up liquidity in the equities market.


SEC Chairperson Lilia R. Bautista said: "We are poised to approve the PSE’s proposal on the mandatory discount on IPOs. It will be up to the PSE to determine whether the mandatory allocation will promote IPOs."


                    [DatePublished] => 2002-10-09 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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            [3] => Array
                (
                    [ArticleID] => 173651
                    [Title] => Investment houses buck proposal for IPO discount
                    [Summary] => The Investment Houses Association of the Philippines (IHAP), the umbrella organization of the country’s investment houses, has shot down a proposal of the Philippine Stock Exchange to give a 10-percent discount on the offer price of shares under an initial public offering (IPO).


Jose P. Aquino, head of the Securities and Exchange Commission’s Market Regulation Department, said IHAP visited the SEC Friday to voice its concern over the PSE proposal that will give small local investors an instant 10-percent gain on IPO shares.


                    [DatePublished] => 2002-08-27 00:00:00
                    [ColumnID] => 133272
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HONG KONG AND MALAYSIAN STOCK EXCHANGES

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                    [ArticleID] => 198500
                    [Title] => PSE to offer new service for IPOs
                    [Summary] => In an effort to attract more investments in the stock market, the Philippine Stock Exchange plans to offer a new service that will allow local small investors to  file applications electronically to subscribe to shares under an initial public offering.


PSE president Ernest Leung said the new facility can be a convenient alternative to the current practice of securing the necessary forms directly from the broker firms or cut-out of forms printed in the newspapers.


                    [DatePublished] => 2003-03-11 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 184834
                    [Title] => SEC approves changes to PSE listing rules
                    [Summary] => The Securities and Exchange Commission has approved amendments to the listing rules of the Philippine Stock Exchange that include giving small investors a 10-percent discount on the offer price of shares under an initial public offering (IPO).


The SEC approved the proposed IPO rules of the PSE despite objections by the Investment Houses Association of the Philippines (IHAP), which argued that a market discount would only create price distortions in the market and could result in the dumping of shares on the first day of listing.


                    [DatePublished] => 2002-11-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 179113
                    [Title] => SEC set to okay 10% discount on initial public offerings
                    [Summary] => The Securities and Exchange Commission is likely to approve  the proposal of the Philippine Stock Exchange to give a  10-percent discount on all initial public offerings, saying this could perk up liquidity in the equities market.


SEC Chairperson Lilia R. Bautista said: "We are poised to approve the PSE’s proposal on the mandatory discount on IPOs. It will be up to the PSE to determine whether the mandatory allocation will promote IPOs."


                    [DatePublished] => 2002-10-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [ArticleID] => 173651
                    [Title] => Investment houses buck proposal for IPO discount
                    [Summary] => The Investment Houses Association of the Philippines (IHAP), the umbrella organization of the country’s investment houses, has shot down a proposal of the Philippine Stock Exchange to give a 10-percent discount on the offer price of shares under an initial public offering (IPO).


Jose P. Aquino, head of the Securities and Exchange Commission’s Market Regulation Department, said IHAP visited the SEC Friday to voice its concern over the PSE proposal that will give small local investors an instant 10-percent gain on IPO shares.


                    [DatePublished] => 2002-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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abtest

PSE to offer new service for IPOs

By Zinnia B. Dela Peña | March 11, 2003 - 12:00am

In an effort to attract more investments in the stock market, the Philippine Stock Exchange plans to offer a new service that will allow local small investors to file applications electronically to subscribe to...

Business

SEC approves changes to PSE listing rules

By Zinnia B. Dela Peña | November 21, 2002 - 12:00am

The Securities and Exchange Commission has approved amendments to the listing rules of the Philippine Stock Exchange that include giving small investors a 10-percent discount on the offer price of shares under an...

Business

SEC set to okay 10% discount on initial public offerings

By Zinnia B. Dela Peña | October 9, 2002 - 12:00am

The Securities and Exchange Commission is likely to approve the proposal of the Philippine Stock Exchange to give a 10-percent discount on all initial public offerings, saying this could perk up liquidity in the...

Business

Investment houses buck proposal for IPO discount

August 27, 2002 - 12:00am

The Investment Houses Association of the Philippines (IHAP), the umbrella organization of the country’s investment houses, has shot down a proposal of the Philippine Stock Exchange to give a 10-percent discount...

Business