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                    [ArticleID] => 188800
                    [Title] => PSE to tap institutional investors
                    [Summary] => The Philippine Stock Exchange (PSE) intends to tap the International Finance Corp. (IFC) and the Bankers Association of the Philippines (BAP) as institutional investors to frontload its public listing planned next year.


PSE chairperson Vivian Yuchengco said the IFC, the World Bank’s private sector investment arm, has expressed interest in taking up a 10 percent stake in the PSE once it gets listed. 


The BAP, on the other hand, could engage in a share swap with the PSE on the fixed income exchange that the two groups also plans to launch by next year.


                    [DatePublished] => 2002-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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PHILIPPINE CLEARING SYSTEM

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                    [ArticleID] => 188800
                    [Title] => PSE to tap institutional investors
                    [Summary] => The Philippine Stock Exchange (PSE) intends to tap the International Finance Corp. (IFC) and the Bankers Association of the Philippines (BAP) as institutional investors to frontload its public listing planned next year.


PSE chairperson Vivian Yuchengco said the IFC, the World Bank’s private sector investment arm, has expressed interest in taking up a 10 percent stake in the PSE once it gets listed. 


The BAP, on the other hand, could engage in a share swap with the PSE on the fixed income exchange that the two groups also plans to launch by next year.


                    [DatePublished] => 2002-12-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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PSE to tap institutional investors

By Christina Mendez | December 22, 2002 - 12:00am

The Philippine Stock Exchange (PSE) intends to tap the International Finance Corp. (IFC) and the Bankers Association of the Philippines (BAP) as institutional investors to frontload its public listing planned next...

Business