Tuesday, August 16, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business Stocks

PSE okays P750-m IPO of Haus Talk in January

Jenniffer B. AustriabyJenniffer B. Austria
December 5, 2021, 6:55 pm
in Stocks
Reading Time: 2 mins read
A A
79
SHARES
Share on FacebookShare on TwitterShare on Email

The Philippine Stock Exchange approved the P750-million initial public offering of residential developer Haus Talk Inc. in January 2022.

Haus Talk will sell up to 500 million common shares at an price of up to P1.50 each based on the terms approved by the PSE, .

“Haus Talk is one of the companies in PSE’s handholding program for potential IPO listing applicants. We are pleased to see that their IPO journey will soon come into fruition,” PSE president and chief executive Ramon Monzon said.

Haus Talk will use the net proceeds from the maiden share offering to fund capital expenditures, land acquisition, project development and general corporate purposes.

The offering period is set from Jan. 3 to Jan. 7, 2022. The shares will be listed on the SME board of PSE on Jan. 17, 2022. Haus Talk will have a public float of 20 percent after the IPO.

ADVERTISEMENT

Monzon said the PSE was guiding over 30 companies in their plans to go public under the handholding program, most of which are candidates for SME board listing.

“We have long wanted to grow the number of SMEs listed in the PSE. To achieve this, we relaxed our listing rules and beefed up the support we provide to potential listing applicants. We hope that the IPO of Haus Talk will set the tone for 2022 in encouraging other SMEs to consider raising capital through the stock market,” Monzon said.

The niche residential developer said it planned to acquire land in Bacoor, Cavite; Dagupan City; Sta. Cruz, Laguna; and Antipolo City for future development.

Formed in 2004, Haus Talk is a residential real estate developer led by the Madlambayan family with projects based in Antipolo and Laguna. The company sold almost 1,900 housing units, with about 2,300 units in the pipeline until 2023.

The 2,300 units, all horizontal projects, spread out among specialized, economic and mid-housing market.

These projects are located in Antipolo, Laguna, Bataan and Pampanga.

Net income of Haus Talk surged to P50.4 million in 2020 from P1.36 million in 2019 as revenues climbed 20.8 percent to P290.3 million from P240.3 million.

The company tapped Investment & Capital Corporation of the Philippines as issue manager and underwriter for the offering.

Tags: Haus Talk Inc.initial public offerIPOPhilippine Stock ExchangePSE
ADVERTISEMENT
Jenniffer B. Austria

Jenniffer B. Austria

Related Posts

Stocks up for 6th straight day; Ayala issues, Semirara advance

byManila Standard
August 15, 2022, 6:10 pm
0
162
Stock market surges; PLDT, Globe advance

Stocks rose for the sixth straight day Monday along with the rest of Asia, as investors cheered signs of cooling...

Read more

Listed firms seen raising P200b this year

byJenniffer B. Austria
August 14, 2022, 6:30 pm
0
209
PSE approves P8-b stock rights offering of DITO CME; Figaro Coffee postpones IPO to January 2022

The Philippine Stock Exchange expects companies to raise P200 billion from the sale of shares as the number of initial...

Read more

Easing inflation likely to support stocks this week

byJenniffer B. Austria
August 14, 2022, 6:05 pm
0
167
Stock market surges; PLDT, Globe advance

Stocks are expected to trade sideways with an upward momentum this week on expectation that external headwinds such as higher...

Read more

Stocks extend rally; BDO and Puregold top gainers

byManila Standard Businessand1 others
August 12, 2022, 8:00 pm
0
208
Global markets, oil prices slump on new virus variant

Share prices edged higher Friday to sustain Thursday’s rally after the closely watched US consumer prices index eased more than...

Read more

Market surges; Jollibee, Ayala Land lead gainers

byManila Standard
August 11, 2022, 6:50 pm
0
237
Stock market surges; PLDT, Globe advance

The stock market surged Thursday as investors breathed a sigh of relief after data showed US inflation finally easing from...

Read more

Stocks end flat; PLDT, SM Prime lead gainers

byAFP
August 10, 2022, 7:45 pm
0
197
Stock market surges; PLDT, Globe advance

The stock market closed virtually flat Wednesday ahead of a crucial US inflation report later in the day, which could...

Read more

Stories you may like

  • People …are talking about Liza Soberano

    Supermodel son is Philippine bet in Manhunt International

    12013 shares
    Share 4805 Tweet 3003
  • Another oil price rollback likely as world economy further stalls

    1428 shares
    Share 571 Tweet 357
  • Judgments and their execution

    1285 shares
    Share 514 Tweet 321
  • Basilan solon wants barangay, SK polls reset to May 2024 to save P8b for gov’t

    1114 shares
    Share 446 Tweet 279
  • SMART/MVP-PH Team joins ‘22 Asian Taekwondo Championship

    1039 shares
    Share 416 Tweet 260

Print Edition

View More

Recent Posts

  • Caloocan cleans senior citizen database, targets more efficient distribution of benefits
  • JICA graces turnover of access road, banana plantation project in Ifugao
  • World of DoubleDragon Corporation
  • Sneakers for Makati : AB4.0
  • Net zero, Russia war driving nascent hydrogen economy
  • What to Expect at The Outlook 2022: Philippine Real Estate Conference
  • PLDT, Smart bolster commitment to national disaster resilience
  • UN envoy makes first visit to Myanmar

Advertisement

Latest News

What to Expect at The Outlook 2022: Philippine Real Estate Conference

byManila Standard
August 16, 2022, 1:20 pm
0
133
What to Expect at The Outlook 2022: Philippine Real Estate Conference

The much-anticipated event The Outlook 2022: Philippine Real Estate Conference will happen on August 31, 2022. The in-person conference will...

Read more

PLDT, Smart bolster commitment to national disaster resilience

byManila Standard
August 16, 2022, 1:20 pm
0
133
PLDT, Smart bolster commitment to national disaster resilience

PLDT and Smart ramp up their commitment of building a resilient Philippines. Through one of its core advocacies called #SafeandSmart,...

Read more

UN envoy makes first visit to Myanmar

byAFP
August 16, 2022, 1:00 pm
0
134
Southwoods nails Seniors’ Fil golf crown

The UN's new special envoy for Myanmar began her first trip to the country Tuesday, a day after a junta...

Read more

Chinese ship docks in Sri Lanka despite India, US concerns

byAFP
August 16, 2022, 12:30 pm
0
164
‘No use worrying’: Taiwanese tourists carry on despite China threat

A Chinese research vessel entered Sri Lanka's Chinese-run southern port of Hambantota on Tuesday despite concerns from India and the...

Read more

‘No use worrying’: Taiwanese tourists carry on despite China threat

byAFP
August 16, 2022, 12:00 pm
0
149
‘No use worrying’: Taiwanese tourists carry on despite China threat

Visiting Taiwan's tiny Kinmen Islands last week, Joseph Lin practised standing up on his paddleboard, drifting across from the Chinese...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App