The Philippine Stock Exchange, Inc. (PSE) inked a Memorandum of Agreement (MOA) with the Public-Private Partnership (PPP) Center of the Philippines to formalize its partnership for information sharing to facilitate the processing of listing applications.

After the signing ceremony, a bell ringing program was held to mark the occasion. A PPP Listing Forum was also held to further explain the rules to PPP Listing stakeholders.

In his opening remarks during the bell ringing ceremony, PSE Chairman Jose T. Pardo said, “As you know, other territories have had this fund raising mechanism for some time. While we are only catching up, the timing is also very ideal given government’s stance on PPP projects, as it committed to accelerate infrastructure spending. And with several PPP projects in the pipeline, we hope to see PPP companies tap the stock market for their capital raising exercise.”

In November 2016, the Securities and Exchange Commission approved the Supplemental Listing and Disclosure Rules Applicable to a PPP Company.

21 February 2017