Union Bank of the Philippines, Inc. (UBP) listed its stock rights offering (SRO) shares at the Philippine Stock Exchange (PSE). UBP raised P10 billion from the offering.“The oversubscribed SRO is a testament to the confidence and trust that shareholders have in UnionBank. This also speaks of their support for the bank’s vision and strategic direction,” said PSE Chairman Jose T. Pardo in his welcome remarks during the listing ceremony. 

Shown in the photo (from left): UBP Directors Manuel R. Lozano, Retired Chief Justice Reynato S. Puno, Dr. Francisco S.A. Sandejas, and Nina D. Aguas; UBP Chairman Dr. Justo A. Ortiz; UBP President and CEO Edwin R. Bautista; UBP Directors Carlos B. Raymond, Jr. and Jon Ramon M. Aboitiz; PSE Chairman Jose T. Pardo; UBP Director Michael G. Regino; PSE President and CEO Ramon S. Monzon; UBP Director Luis Miguel O. Aboitiz; PSE Director Ma. Vivian Yuchengco; UBP Director Erwin M. Elechicon and PSE Treasurer Omelita J. Tiangco.