AllDay Marts, Inc. (ALLDY) conducted its maiden offering listing ceremony at The Philippine Stock Exchange, Inc. (PSE) on Wednesday, November 3. The trading floor event was led by PSE President and CEO Ramon S. Monzon and ALLDY Chairman and former Senate President Manuel B. Villar, Jr.
ALLDY raised Php4.5 billion from the IPO and proceeds will be used by the company for debt repayment and store network expansion.
PSE President and CEO Ramon S, Monzon lauded ALLDY for setting a Local Small Investor (LSI) availment record as the first LSI tranche to be oversubscribed at 1.62x since the launch of PSE EASy, the online IPO subscription platform of the Exchange. He also cited the oversubscription of the allotment for institutional investors. “This clearly demonstrates the trust and confidence investors have in the Villar family with their proven experience and success in their various businesses.”
The listing ceremony was attended virtually by PSE Board of Directors led by Chairman Jose T. Pardo, Securities and Exchange Commission (SEC) Chairman Emilio B. Aquino and SEC Commissioner Ephyro Luis B. Amatong and ALLDY Directors and Officers.
Photo 1 shows from left, by row: ALLDY Vice-Chairman, Deputy Speaker Camille A. Villar, former Department of Public Works and Highways Secretary Mark A. Villar, ALLDY Director Manuel Paolo A. Villar, ALLDY Chairman, former Senate President Manuel B. Villar, Jr., PSE President and CEO Ramon S. Monzon, Philippine National Bank (PNB) President & CEO Jose Arnulfo A. Veloso; PSE Head of Issuer Regulation Division Atty. Marigel B. Garcia and PSE COO Atty. Roel A. Refran.
Photo 2 shows from left, by row: ALLDY Chairman, former Senate President Manuel B. Villar, Jr., PSE President and CEO Ramon S. Monzon, PSE Chairman Jose T. Pardo, ALLDY President and CEO Frances Rosalie T. Coloma, Securities and Exchange Commission Chairperson Emilio B. Aquino; PSE Directors Consuelo D. Garcia, Eddie T. Gobing, Ma. Vivian Yuchengco, Chief Justice Teresita J. Leonardo-De Castro (ret.), Ferdinand K. Constantino and Wilson L. Sy, SEC Commissioner Ephyro Luis B. Amatong; China Bank President William C. Whang, ALLDY Independent Director Jessie D. Cabaluna, BDO Unibank Chairman Teresita Sy-Coson, ALLDY Independent Director Raul Juan N. Esteban, ALLDY Treasurer, CFO and Compliance Officer Maria Cristina O. Barao.#