Quezon City—(PHStocks)—The PhP1.2 billion initial public offering of SBS Philippines Corp. (PSE: SBS) was named as 2015 Best Small Cap Equity Deal of the Year in the Alpha Southeast Asia’s 9th Annual Best Deal and Solutions Awards. BDO Capital & Investment Corporation acted as Sole Issue Manager, Lead Underwriter & Bookrunner for the Offer.
The award recognised the SBS Philippines’ Initial Public Offering as among the best deals in the Southeast Asian region based on a poll of investors and analysts across the region. It cited the continued strong stock performance of the company since its trading debut in August 2015 and its solid business fundamentals.
“We are most grateful for the level of confidence that investors have on SBS Philippines and we thank Alpha Southeast Asia for the special recognition accorded. It is indeed a great privilege for SBS Philippines to be recognized in the 9th Annual Best Deal and Solutions Awards. We certainly celebrate the importance highlighted by this award as a testament of our continuing commitment to evolve as an emerging small cap company and deliver long term value to our shareholders and stakeholders,” said Necisto U. Sytengco, SBS Philippines founder and chairman of the board.
The awarding ceremony was held at the DoubleTree by Hilton in Kuala Lumpur, Malaysia on 2 February 2016.
Alpha Southeast Asia is a Hong Kong-based institutional investment magazine which covers the Southeast Asian region and caters to
international investors and financial institutions.