Monday, January 19, 2015

PSE to woo Japanese investors


MANILA, Philippines - The Philippine Stock Exchange (PSE) is seeking to woo Japanese businessmen, as it holds a seminar in Tokyo on Wednesday (January 21).

The PSE is holding the Philippine Business Environment Seminar, together with Takara Printing, The International Friendship Exchange Council, KPMG Japan, KPMG Philippines, and Mori Hamada & Matsumoto Law Office.

The seminar will give executives from some 150 Japanese companies an overview of the Philippine economy and business sector, as well as its outlook. Also to be discussed are the listing structure and rules of the exchange to encourage Japanese firms with Philippine subsidiaries to list at the PSE.

"Quite a number of Japanese companies have offices and facilities in the Philippines and we would like to apprise them of the developments in our capital markets as well as urge them to tap the Exchange for funding requirements,” PSE President and CEO Hans B. Sicat said in a statement.

The PSE is also hosting a Philippine Corporate Day on January 22 and 23, in partnership with DBP-Daiwa Capital Markets Philippines, Inc.

The roadshow will highlight the performance and prospects of the Philippine stock market and some of its listed firms.

Listed companies that will take part in the Corporate Day are Alliance Global Group, Inc., Ayala Corporation, Ayala Land, Inc., BDO Unibank, Inc., Energy Development Corporation, JG Summit Holdings, Inc., Metro Pacific Investments Corporation, The Philippine Stock Exchange, Inc., Petron Corporation, Robinsons Land Corporation, San Miguel Corporation, and Universal Robina Corporation. The representatives of the participating listed companies will meet with 25 investment firms in Japan.

"This is the third year that we are holding a roadshow in Japan with DBP-Daiwa. We hope that by personally meeting with fund managers, the PSE and the listed companies can encourage them to invest or further increase their exposure in our market," Sicat said.

source: www.abs-cbnnews.com