THE Securities and Exchange Commission said Friday at least nine companies expressed interest in listing in the Philippine Stock Exchange
as a result of the nationwide capital market roadshow it conducted for micro, small and medium enterprises.
The SEC earlier embarked on a nationwide roadshow that seeks to support the growth of MSMEs and start-up companies by pushing the capital markets as an accessible option for raising capital for business expansion. The initiative is part of the SEC’s 888@88 goal, which means that there should have been at least 888 companies that tapped the capital market by the time the SEC celebrates its 88th anniversary by 2024.Lee said to facilitate the listing of MSMEs, the SEC streamlined the registration process and encouraged investment houses and other financial institutions to implement SME-friendly underwriting and advisory programs.
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