THE Philippine Stock Exchange (PSE) is setting a modest target of about four initial public offerings (IPOs) this year, underscoring the cautious pipeline for equity fundraising after listings fell short of expectations last year.
“We only targeted four (IPOs) for this year,” PSE President and Chief Executive Officer Ramon S. Monzon told reporters on Friday.
Mr. Monzon said the local bourse is targeting to raise around P170 billion to P175 billion in capital this year. This would be higher than the P144.14 billion in total capital raised in 2025.
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