PSE rolls out online IPO subscription platform

THE Philippine Stock Exchange, Inc. (PSE) rolled out today a web-based platform called PSE EASy (Electronic Allocation System) that will enable local small investors (LSI) to subscribe to shares online whenever there is an initial public offering (IPO). The LSI program requires companies conducting an IPO to allocate 10 percent of shares they will be offering to the public to LSIs. (PR)

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