They were joined by Securities and Exchange Commission Chairman Emilio Aquino, Converge co-founder and President Grace Uy and PSE chief operating officer Roel Refran at the opening bell ceremony. “I encourage Converge to use the proceeds of this public offering to continue investing in network improvements to serve more Filipinos nationwide,” said Dominguez. Converge is the second company to publicly list on the stock market this year amid the pandemic, following Merry Mart Consumer Corp.’s IPO last June. Dominguez said Converge’s IPO is timely as it will provide the company with the means to rapidly upgrade its equipment and improve its operations at a time of fast-rising demand for digital services. Now, more than ever, we have become heavily reliant on fast and dependable internet services,” Dominguez said.

Source: Manila Times October 26, 2020 16:30 UTC