SSI Group debuts at PSE

Specialty retailer SSI Group, Inc. formally concluded its initial public offering by listing its shares at the Philippine Stock Exchange  (PSE) on Friday. The company which has the stock symbol “SSI”  priced their offering at P7.50 per share.                                      

“From gaining the loyalty of the Filipino consumer, SSI has now drawn the interest of both foreign and local investors, as evidenced by this well-received initial offering which speaks highly of the reputation and track record that SSI has established. And with the country’s improving economy and the robust performance of the retail sector, I am optimistic that SSI is off to a good start as a publicly listed company,” PSE Chairman Jose T. Pardo said in his welcome remarks during the listing ceremony.

SSI and PSE officers from left to right: SSI Directors Carmencita T. Lopez, Marilen T. Valbuena, Marites T. Enriquez; Executive Vice President Elizabeth T. Quiambao; SSI Director Eduardo T. Lopez; SSI Family member Marilou T. Pineda; SSI President Anton T. Huang; SSI Chairman and CEO Zenaida R. Tantoco; Founder of Rustan’s Amb. Bienvenido R. Tantoco, Sr.; SSI Director Baltazar Endriaga; SSI Director Donnie V. Tantoco; PSE Chairman Jose T. Pardo; PSE Chief Operating Officer Roel A. Refran; PSE Director Emmanuel O. Bautista; SSI Vice President for Investor Relations Marie Atienza; PSE Corp. Secretary Aissa V. Encarnacion and PSE Director David O. Chua.