INTERNATIONAL advisory law firm Allen & Overy (A&O) is expecting qualified Philippine-listed companies to consider listing in other regional stock markets, such as the Singapore Exchange, for exposure to another set of investors. READ:
“[It] enables the company to have exposure to another set of investors who invest in the Singapore Stock Exchange as not all investors invest in the Philippine Stock Exchange ,” Giancarlo B. Sambalido, a registered foreign lawyer at A&O toldA&O has rendered its services to firms going public in the Philippines, such as Monde Nissin Corp. for its landmark initial public offering last year.
Meanwhile, some of the “hot sectors” expected for the PSE this year are food and consumer, “new economy” or financial technology issues, real estate investment trusts , and companies in the energy space. “Especially if it’s a clean energy play,” Mr. Sambalido said. “A lot of investors are looking to invest in clean energy platforms.” —
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