Puregold sets IPO date to September 21

The Puregold Price Club Inc. will launch its initial public offering (IPO) on September 21, 2011. The supermarket chain hopes to raise P12.4 billion in its IPO which it will use for its planned expansion. The IPO, which is only the second in the country this year, was approved by the Philippine Stocks Exchange for [...]

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August 28, 2011 · Roy · No Comments
Tags: , , , , , , , , ,  Â· Posted in: Announcement, Business News, Corporations, economy, Foreign exchange, IPO, marketing, money, Opportunities, Philippine business news, Philippines, Pricing, Products, promotions

National Bookstore plans IPO

National Bookstore is seriously thinking of an IPO (initial public), according to company president Alfredo Ramos.  The country’s largest bookstore is considering IPO to raise funds for its planned expansion in Southeast Asia. Ramos said they are eyeing China for their future site after successfully setting foot in Hong Kong. He said setting up branches [...]

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June 27, 2011 · Roy · No Comments
Tags: , , , , , , , , , ,  Â· Posted in: Announcement, Business News, Corporations, economy, entrepreneurship, finance, investments, IPO, marketing, money, Opportunities, Philippine business news, Philippines, Stock Market

Republic Act 9505 or the PERA Act of 2008

A new law that hopes to encourage Filipinos to invest more of their savings in high yield products has been signed recently. The PERA Law or Personal Equity and Retirement Account will be implemented by the Bangko Sentral ng Pilipinas (BSP) next year. BSP Governor Amando M. Tetangco Jr., one of the signatories of the [...]

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October 22, 2009 · Roy · No Comments
Tags: , , , , , , , , , , ,  Â· Posted in: Announcement, banking, finance, Government, investments, money, Philippine business news, Philippines


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