jQuery UI Autocomplete - Custom data and display
[xyz-ihs snippet="Search"]
Home  ⏵   Press Room Archive  ⏵ 



PSE, BAP renew talks for PDS share acquisition

The Philippine Stock Exchange, Inc. (PSE) signed an agreement with the Bankers Association of the Philippines (BAP) to resume discussions on the purchase of BAP’s 28.9 percent stake in the Philippine Dealings System Holdings Corporation (PDS).

The PSE has a 20.98 percent ownership in PDS.

“This occasion underscores our commitment to see a unified equities and fixed income exchange. We remain cognizant of the advantages of this consolidation to capital market stakeholders and the Philippine economy and we hope to realize these benefits the soonest possible time,” said PSE President and CEO Hans B. Sicat.

Meanwhile, BAP President Nestor V. Tan  explained that the planned consolidation of both exchanges will help shape a better capital markets for the Philippines.

“We welcome this opportunity to bring this deal into completion with the PSE. BAP remains supportive of the goal to have a more efficient financial market through this transaction,” Tan said.

PSE and BAP intend to sign a new Share Purchase Agreement that will outline the terms of the acquisition, including securing the necessary regulatory approvals.

The PDS is the holding company that owns the Philippine Dealing Exchange Corporation, the operator of the fixed income exchange.  It also owns the Philippine Depository and Trust Corporation which serves as the depository for equities and fixed income securities.

Shown in the photo: (L-R) PSE Directors Francis Chua and Ma. Vivian Yuchengco; PSE President and CEO Hans B. Sicat; PSE Chairman Jose T. Pardo; BAP President Nestor V. Tan; BAP Managing Director Cesar O. Virtusio and BAP Legal Counsel Atty. Perry L. Pe.

pse business INquIries

PSE is ready to assist you with any inquiries you may have. Just leave us a message.

    Website user experience

    We'd love to know your thoughts on the new PSE website. Your opinion matters and will be used to improve your PSE website experience.

      Your overall satisfaction of the new PSE website:

      Not Satisfied

      Areas of Improvement

      What can we do to improve?

      What can we do to improve?

      Other comments/suggestions:

      jQuery UI Autocomplete - Custom data and display

      The Philippine Stock Exchange Inc. (“PSE”) respects and protects your personal data. To learn how PSE processes and protects your personal data, please read carefully our updated Privacy Policy and click the “I AGREE” button if you agree

      Send us a message

      Got any questions or feedback? We’re here to listen!