“I’m often asked these days if companies with IPO plans are correct in waiting for, as they say, better market conditions. My answer has consistently been if your company has a good story and potential and it needs capital to pursue its development or expansion plans, that is the appropriate time or correct time to list your company,” Monzon said during the listing ceremony yesterday of NexGen Energy Corp., the country’s third IPO this year.
“The more companies that defer their IPO plans because of what they call poor market conditions, the more these poor market conditions become a self-fulfilling prophecy,” he said.
This story is from the July 17, 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.
Already a subscriber ? Sign In
This story is from the July 17, 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.
Already a subscriber? Sign In
Revised corporation code training
The Center for Global Best Practices will hold an online training program titled the 2019 Revised Corporation Code of the Philippines on Oct. 4 from 1:30 p.m. to 5 p.m. via Zoom.
SEC warns public against fake PIFA, CT Link Systems
The Securities and Exchange Commission (SEC) is alerting the public against a fake entity posing as the Philippine Investment Funds Association (PIFA) on Facebook.
Alternergy targets 500-MW capacity by 2026
Alternergy Holdings Corp.is loading up its artillery with new green energy projects within the next two years as it shoots for a 500-megawatt (MW) target.
DA urged to help lower agri input costs
Farmers, hog raises and poultry farmers are urging the Department of Agriculture to prioritize solutions that will lower the prices of vital agricultural inputs.
ABS-CBN bags license deal for Sony movies
ABS-CBN Corp. has landed a licensing agreement with Sony Pictures Entertainment for the screening of Sony movies on ABS-CBN platforms.
Creative program to engage youth in agri launched Elen
An mid a decline in the number of young Filipi- nos entering rice farming, the Department of Agriculture-Philippine Rice Research Institute (DA-PhilRice) has launched new initiatives to spark interest in agriculture among students.
Meralco, A-Flow team up for hyperscale power deal
Tycoon Manuel V. Pangilinan's Manila Electric Co. (Meralco) is teaming up with A-Flow to build a 115-kilovolt switching station set for completion in December next year.
Call centers seek to address cybersecurity gaps
The Contact Center Association of the Philippines is pushing to create collective solutions to address cybersecurity threats facing information technology and business process management (IT-BPM) firms.
WTO calls for lower remittance fees
Economies still have a lot of work to do in bringing down remittance costs globally to three percent by 2030 and ensuring that the reductions translate to improvements in people's welfare, according to experts.
17 Japanese firms eye local partners
Seventeen Japanese firms are looking for partners in the Philippines to offer their technologies and products in agriculture, disaster risk reduction and environment.
