(Source: ABS-CBN News |March 26, 2018)
Wilcon Depot, one of the country’s leading home improvement and construction supply retailers, was recently named as the Best IPO for the Philippines at The Asset Triple A Country Awards 2017.
The awarding ceremony was held at the Harbour View Ballroom of the Four Seasons Hotel in Hong Kong on January 17, 2018.
Present at the ceremony were Wilcon Founder and Chairman Emeritus William T. Belo, Wilcon President and Chief Executive Officer Lorraine Belo-Cincochan, Wilcon EVP-Chief Financial Officer Mark Andrew Belo, EVP-Chief Product Officer Careen Y. Belo, and Wilcon Investor Relations Officer Mary Jean Alger.
Wilcon Depot, which debuted at the Philippine stock market in March 2017, posted an impressive growth in their share price few months since its listing. This led to The Asset in choosing the company to be this year’s recipient of the Best IPO award for the Philippines.
The Asset has the widest reach among Asian issuers and global institutional investors active in the Asian region and their Triple A Country Awards, is one of the most prestigious awards for banking, finance, treasury and the capital markets.
The recognition will serve as an inspiration to Wilcon to continue to provide the Filipino market with only the best products and services in their all-around home building needs. A commitment it has consistently fulfilled in the last 40 years.
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