
SBS Philippines Corporation raised ₱1.2 Billion through its Initial Public Offering (IPO), which earned the 2015 Best Small Cap Equity Deal of the Year award at the Marquee Awards of the 9th Alpha Southeast Deal and Solutions Awards.
The recognition placed SBS among Southeast Asia’s top investment choices, based on votes from investors and analysts across the region. Alpha Southeast Asia highlighted SBS’s strong stock performance since its August 2015 debut and praised its solid business fundamentals.
“We are most grateful for the level of confidence that investors have on SBS and we thank Alpha Southeast Asia for the special recognition accorded to SBS. As a relatively obscure company, it is a great privilege for SBS to be recognized in the Marquee Awards of the of the 9th Alpha Southeast Deal and Solutions Awards. We certainly celebrate the importance highlighted by this award as a testament of our commitment to evolve as an emerging small cap company and deliver long term value to our shareholders and stakeholders,” said Mr. Necisto U. Sytengco, SBS founder and Chairman of the Board.
The awarding ceremony took place on 2 February 2016 at the DoubleTree by Hilton in Kuala Lumpur, Malaysia.
As one of the Philippines’ largest chemical traders and distributors, SBS supplies over 3,000 chemical products to major corporations. It bridges the gap between global producers and end-users, serving as a strategic one-stop partner for clients in industries such as food ingredients, pharmaceuticals, cosmetics, veterinary care, and industrial applications.
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