PSE Prepares Rules for Listing of PPP-Driven Firms

The Philippine Stock Exchange (PSE) has drafted a new framework that seeks to encourage the listing of companies driven by infrastructure projects under the public-private partnership (PPP) program. Included in the proposed rules are the easing of the track record and operating history requirements, requiring that the PPP contract must have a remaining effectivity period of at least 15 years, a minimum project cost of P5 billion and…

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