"Next year, we can get P120 billion probably – a 50-percent increase. That's capital raising. That includes follow-on offering, stock rights offering and private placement," PSE president and CEO Ramon Monzon said.
Monzon said the PSE has recorded P79 billion in capital raising so far this year.
He said the amount is likely what the PSE will end 2024 with.
Last year, total capital raised from primary and secondary shares amounted to P140.95 billion, up by 28 percent from the P110.29 billion raised in 2022.
This story is from the December 01, 2024 edition of The Philippine Star.
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This story is from the December 01, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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