The PH EY Private team headed by Jun Torres (NTT), Kristopher Catalan (KSC), Atty. Jules Riego (JER) and Conrad M. Alviz (CMA) successfully organized and conducted the first of the IPO journey webinar series entitled IPOs: Transaction or Transformation. The webinar was conducted in cooperation with the Philippine Stock Exchange (PSE) with Atty. Roel A. Refran, the Chief Operating Officer of PSE, as guest speaker. The webinar was attended by more than 100 participants belonging to the C-suites of companies, some of which are considering an IPO in two to three years.
SGV Partners with Atty. Roel A. Refran of the Philippine Stock Exchange (PSE)
The webinar was moderated by Shane Dave Tanguin (SDT) and Cheryl Edeline Ong (CCO).
SGV Deputy Managing Partner Maria Vivian Cruz-Ruiz (VCR) welcomed the participants. In her opening remarks, VCR stressed the importance of an IPO. She added that for private companies seeking to raise capital, an IPO is an attractive route and strong strategic option to fund growth. Atty. Roel A. Refran proceeded with his presentation to ‘demystify the IPO process’. He enumerated the benefits of going public and shared the things that private companies should consider before going public, including having a strong management team, a compelling equity story, fair pricing, right timing and being IPO-ready to meet regulatory requirements and investors’ expectations.
The presentation was followed by a panel discussion with SGV partners Marie Stephanie Tan-Hamed (MTH), Maria Kathrina Macaisa-Peña (KSM), Aris Malantic (ACM) and Atty. Jules Riego (JER), together with Atty. Refran. They further expounded on the benefits of IPO, considerations in preparing for an IPO, alternatives to IPO, tax benefits, especially for owners, and insights on corporate governance for those companies planning to hold an IPO. The panel also answered some questions raised by the participants.
NTT delivered the closing remarks and mentioned that SGV continues to support our clients in achieving their business objectives and potentials, as articulated in the SGV Purpose of nurturing leaders and enabling businesses for a better Philippines. NTT also thanked Atty. Refran for successfully ‘demystifying’ the IPO process, the panelists for providing their insights and the participants who were engaged all throughout the webinar.
KSC and senior directors Jonathan Bino, Felinor Pascua and Royelle Natural, directors April Joy Dy and Lewis Jake Caiman, and SGV’s Brand Marketing and Communications team provided the necessary support in promoting, organizing and conducting this event.
This IPO webinar series is part of the PH EY Private team’s activities in expanding our reach to entrepreneurs and family businesses to help them achieve their growth aspirations.