9 companies eye IPO, listing after capital market roadshows

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 55%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

THE Securities and Exchange Commission said Friday at least nine companies expressed interest in listing in the Philippine Stock Exchange

as a result of the nationwide capital market roadshow it conducted for micro, small and medium enterprises.

The SEC earlier embarked on a nationwide roadshow that seeks to support the growth of MSMEs and start-up companies by pushing the capital markets as an accessible option for raising capital for business expansion. The initiative is part of the SEC’s 888@88 goal, which means that there should have been at least 888 companies that tapped the capital market by the time the SEC celebrates its 88th anniversary by 2024.Lee said to facilitate the listing of MSMEs, the SEC streamlined the registration process and encouraged investment houses and other financial institutions to implement SME-friendly underwriting and advisory programs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

[ANALYSIS] Migration to stock market's T+2 new settlement cycleThe Securities and Exchange Commission also approves a two-week transition period where the applicable settlement deadlines are extended by one hour from August 29 to September 11
Source: rapplerdotcom - 🏆 4. / 86 Read more »

A Glympse of 40 Outstanding Persons, 52 Companies honored in PFBA this SeptemberOne can listen to interesting, learning stories from an entrepreneur, a scientist, an engineer, a singer, an actor, a radio/TV host, a DJ, a comedian, a photographer, a lawyer, a judge, a doctor, an educator, a public servant, an OFW, a gaming specialist, a vlogger and be inspired in this…
Source: BusinessMirror - 🏆 19. / 59 Read more »