The Philippine Stock Exchange (PSE) will hold a roadshow in Japan this week to encourage Japanese firms, especially those with subsidiaries here, to invest in the local equities market.
In a statement, the PSE said around 150 Japanese firms will be participating in the Philippine Business Environment Seminar to be held in Tokyo on January 21.
The seminar will provide Japanese executives an overview of the condition of and outlook for the Philippine economy and business sector.
The PSE said it will also serve as a venue to discuss the listing structure and rules of the local stock exchange in order to encourage Japanese firms with Philippine subsidiaries to list on the PSE.
“Quite a number of Japanese companies have offices and facilities in the Philippines and we would like to apprise them of the developments in our capital markets as well as urge them to tap the exchange for funding requirements,” PSE president and chief executive officer Hans Sicat said.
The seminar was organized by the PSE together with Takara Printing, The International Friendship Exchange Council, KPMG Japan, KPMG Philippines, and Mori Hamada & Matsumoto Law Office.
In addition, PSE will also host Philippine Corporate Day on January 22 and 23 with DBP-Daiwa Capital Markets Philippines Inc.
The roadshow will highlight the performance and prospects of the Philippine stock market and some of its listed firms.
Local listed firms that will be participating in Philippine Corporate Day include: Alliance Global Group Inc., Ayala Corp., Ayala Land Inc., BDO Unibank Inc., Energy Development Corp., JG Summit Holdings Inc., Metro Pacific Investments Corp., The Philippine Stock Exchange Inc., Petron Corp., Robinsons Land Corp., San Miguel Corp. and Universal Robina Corp.
“This is the third year that we are holding a roadshow in Japan with DBP-Daiwa. We hope that by personally meeting with fund managers, the PSE and the listed companies can encourage them to invest or further increase their exposure in our market,” Sicat added.
The representatives of participating listed firms will meet with 25 investment firms in Japan.