http://theonlinestocktrading.com/ipvgs-gaming-unit-eyes-ipo-in-second-half
February 24, 2010 – Wednesday

THE ONLINE gaming unit of listed information technology firm IPVG Corp. plans to conduct an initial public offering (IPO) in the second half of the year to raise fresh funds for expansion.

http://www.congoo.com/news/2010February21/IPVGs-gaming-unit-eyes-IPO
February 23, 2010 – Tuesday

THE ONLINE gaming unit of listed information technology firm IPVG Corp. plans to conduct an initial public offering (IPO) in the second half of the year to raise fresh funds for expansion.

Enrique Y. Gonzalez, chief executive of IP E-Game Ventures Inc., said in a press conference the company was just waiting for the right time to sell shares.

IP E-Game Ventures officially joined the bourse yesterday "by way of introduction," which allows shareholders to trade their stocks using the exchange’s facilities without raising money. The firm however must conduct an IPO within 12 months.

http://money.roysville.com/2010/02/19/ip-e-game-gets-listed-in-pse
February 20, 2010 – Saturday

Online gaming publisher IP E-Game Ventures Inc. (IP E-Games) held its listing ceremony last February at the Philippine Stock Exchange, Inc. (PSE) Wednesday. The PSE approved an initial introduction of 33,545,554 common shares under the Second Board of the PSE, last Feb. 1, 2010.

On its first day of trading, share prices o IP E-Game stocks rose by as much as 50%, closing at P75 from its initial indicative price of P50.

Listing by way of introduction allowed IP E-Games to get listed on the PSE without going through initial public offering (IPO). However, they are required under the law, to conduct an IPO within 12 months from its listing date.

Chief Executive Officer Enrique Gonzales believes that the listing will benefit the company a lot. For one, it raised the bar in terms how they will interact with their shareholders, and it also gives them access to capital market and establishes a clear validation for the company.

By Audrey N. Carpio
Philippine Star – Gadgets, page J3
February 21, 2010 – Sunday

Enrique Gonzalez played his first MMRPG (massively multiplayer online role-playing game) back in 2006. While it took him a while to figure out the nearly 150 different controls in the game Ran, in just three months he managed to reached the top 10. “I basically didn’t stop. I ate while playing, I would play for three days straight without sleeping,” he recalls. “It’s very, very immersive.”

Gonzalez is not the kind of person you would think about when you think about an “online gamer” — geeky, socially awkward, and on the verge of health failure due to lack of sleep, poor diet and barely any exposure to sunlight. “Eg,” as he’s been called since I knew him in high school, is the tough, funny guy who would always be surrounded by
friends and troublemakers. Now, he probably has the best job in the world as CEO of E-Games, the leading online gaming publisher in the Philippines.

E-Games, which was incorporated in November 2005, was publicly listed last Wednesday on the Philippine Stock Exchange under the apt symbol “EG,” and is the first online gaming company to do so. With access to the capital markets, Gonzalez hopes to attract the gaming community to participate in the stock market. Gamers as investors? Why not? It takes a certain amount of skill, wit and strategy to navigate the ever-changing environments in the virtual world of games, which is basically what the stock market is.

By Doris Dumlao
Philippine Daily Inquirer – Business B5
http://business.inquirer.net/money/topstories/view/20100217-253788/Online-gaming-firm-stocks-surge-on-listing
http://philstockwatch.blogspot.com/2010/02/online-gaming-firms-share-price-surges_17.html
http://betsocial.net/2010/02/17/local-game-company-begins-trading-stocks-in-pse-inquirer-net/
http://f9book.com/Business_Finance/online-gaming-firm%E2%80%99s-share-price-surges-ahead-of-planned-ipo-global-nation/
http://www.gamingbuff.com/?p=575
February 18, 2010 – Thursday

MANILA, Philippines--The share price of leading online gaming firm IP e-Games Ventures Inc. hit the roof Wednesday on its listing debut at the Philippine Stock Exchange ahead of a targeted initial public offering (IPO) later this year.
    
In a briefing after the listing ceremony, IP e-Games chief executive officer Enrique Gonzales said Wednesday’s listing by way of introduction—or without any IPO—has given the gaming publisher access to the capital markets and established a clear valuation of shares for future fund-raising.

By Miguel R. Camus
BusinessMirror – Companies B1
http://businessmirror.com.ph/index.php?option=com_content&view=article&id=21990:online-gambling-company-debuts-at-pse&catid=24:companies&Itemid=59
February 18, 2010 – Thursday

By Zinnia B. Dela Peña
The Philippine Star – Business B-1
http://www.philstar.com/Article.aspx?articleId=550504&publicationSubCategoryId=66
February 18, 2010 – Thursday

(Front page photo release)
The Philippine Star
February 18, 2010 – Thursday

Manila Bulletin – Business Bulletin B-1
February 18, 2010 – Thursday

By Emilia Narni J. David
Business World – Corporate News, 6/S1
http://bworldonline.com/main/content.php?id=6476
http://bestacousticguitar.wordpress.com/2010/02/17/ipvg%E2%80%99s-gaming-unit-eyes-ipo-in-second-half-businessworld-online/
February 18, 2010 – Thursday

http://www.mb.com.ph/content/business
February 18, 2010 – Thursday
Photo by: CHARI VILLEGAS

Philippine News Agency – Online
http://www.pna.gov.ph/index.php?idn=3&sid=&nid=3&rid=259361
February 18, 2010 - Thursday

http://www.back2gaming.com/2010/02/17/e-games-goes-public/
February 18, 2010 – Thursday

By Michelle Orosa, ABS-CBN News
http://www.abs-cbnnews.com/business/02/17/10/ipvgs-online-gaming-unit-lists-local-exchange
February 18, 2010 – Thursday

By Maricel E. Burgonio
The Manila Times – Business B2
http://www.manilatimes.net/index.php/business-columns/11734-ip-e-game-debuts-at-local-bourse
February 18, 2010 – Thursday

By Jenniffer B. Austria
Manila Standard Today -- Business, page B1
February 18, 2010 -- Thursday

http://www.gmanews.tv/story/184118/local-share-prices-track-wall-street-rally
February 18, 2010 – Thursday
(IPVG mentioned)

Local stocks rallied for the sixth straight day on Wednesday after the US market posted overnight its biggest one-day gain in three months.

The Philippine stock index rose by 1.72 percent or 50.96 points to 3018.67, with subindices rising across the board.

Leading the day’s gainers was online gaming company IPE-Game Ventures, Inc., which gained half to P75. The online gaming unit of IPVG Corp. listed its shares by introduction on Wednesday.

By: Zinnia B. Dela Peña
http://www.philstar.com/Article.aspx?articleId=550203&publicationSubCategoryId=66
The Philippine Star – Business, B-5
February 17, 2010 - Wednesday

MANILA, Philippines - Listed information technology and gaming firm IPVG Corp. is entering television to bring its casual gaming business into the mainstream, a move seen as a new opportunity to flourish and strengthen its lead in the local interactive gaming industry.

In a filing with securities regulators, IPVG unit IP e-Game Ventures Inc. said it is working with GMA New Media Inc. (GNMI), the digital media arm of broadcasting firm GMA Network Inc., to promote casual games via TV and “make casual gaming a mainstream activity.”

The move is part of a strategy to expand into new platforms and recruit new players from the television viewing public.

In 2008, IP e-Game and GMNI set up a 50-50 joint venture called I-Play Inc. which aims at evolving and promoting casual online gaming and digital content development, especially with the convergence of traditional and digital media.

“We will have access to the website development, talents and advertising spots of GMA,” IP e-Game said.

Casual games, by definition, are games that everyone can play. There are no special skills or devices you need to play.

They also provide some kind of therapy as games help people to relax and forget about everyday’s problems.

“We believe casual games will be the key growth driver for the online games industry through the introduction of titles with mainstream appeal,” IP e-Game said.

IP e-Game said it aims to capture 70 percent of the casual games market and attract a large portion of non-gamers to try and regularly play its games.

In comparison to massively multiplayer online role playing games (MMORPGs), casual online games are easier to play, and are targeted at a mass audience.

 IP e-Game’s casual game portfolio includes O2 Jam and Audition, the most popular casual game in the world in 2009 according to Redbana US Corp., the North American publisher of Audition, and is the most often played casual game in the Philippines based on a study conducted by AE Research Exponents Inc. in August 2008.

The company plans to launch two casual games, BandMaster and Super Star Online within the first quarter of the year.

It also plans a massive relaunch initiative for Audition and the rolling out of Episode 2 of the game.

IP e-Games competes with operators of offline games, including PC games, console games, arcade games and handheld games, as well as other forms of traditional online entertainment.

IP e-Game will mark its debut on the Philippine Stock Exchange today with the introductory listing of 33.545 million common shares with an indicative reference opening price of P50 each share.

“With our access to the capital markets, we are well positioned to further grow the company by continuously investing in our content pipeline and publishing infrastructure. We hope to attract our gaming community to participate in the stock market,” said Enrique Gonzalez, chief executive officer of IP e-Game.

“Due to the dynamism of the online games industry, we believe our company will be an extremely exciting share issue for the investing public to watch and track,” Gonzalez added.

Since it started operations in 2006, IP e-Game launched five MMORPGs and four casual games in the Philippine market. It has 28 main distributors with a network spanning approximately 20,000 outlets such as Internet cafes, independent kiosks, mini-carts and computer shops.

By: Emilia Narni J. David
http://www.bworldonline.com/main/content.php?id=6432
February 17, 2010 - Wednesday

IP E-Games, the online gaming unit of IPVG Corp., has listed by way of introduction on the Philippine Stock Exchange.

IP E-Games will trade under the symbol EG.

“Listing in the exchange provides access to capital markets and would allow us to improve the online gaming infrastructure of the Philippines and for us to roll out more titles,” said IP E-Games Chief Executive Enrique Y. Gonzalez on Wednesday.

He added that the company plans to hold an initial public offering by the third or fourth quarter of the year.

“Timing is important and we want to list when the market is doing well and there is an appreciation for what we are offering,” said Mr. Gonzalez.

By: Katherine Evangelista
http://business.inquirer.net/money/breakingnews/view/20100217-253712/Local-game-company-begins-trading-stocks-in-PSE
February 17, 2010 - Wednesday

MANILA, Philippines -- The IP E-Game Ventures Inc. (IP E-Games), an online gaming publisher, held its listing ceremony at the Philippine Stock Exchange, Inc. (PSE) Wednesday.

The IP E-Games, the online gaming subsidiary of technology firm IPVG Corp., is the first online gaming company to be publicly listed in the PSE.

The PSE approved an initial introduction of 33,545,554 common shares under the Second Board of the PSE, last February 1, 2010.

The stock, listed on the PSE under the symbol "EG," will be traded at an indicative reference opening price of P50 per share.

IP E-Games, publisher of popular Massively Multiplayer Online Role Playing Games (MMORPGs) CABAL Online and RAN Online, has over 11 million registered gamers nationwide as of 2009.

By: Bloomberg, AP
Manila Standard Today – Business, B2
February 17, 2010 – Wednesday

Stocks rose slightly Tuesday in step with the rest of the region in holiday-thinned trade as investors awaited another top level European finance meeting on Greece’s debt crisis.

The Philippine Stock Exchange Index added 4.47 points, or 0.2 percent to 2,967.71, rally. Gainers edged losers, 59 to 53, with 46 issues unchanged.

IPVG Corp., an online games provider, rose 5.4 percent to P2.55. The company’s unit IP E-Game Ventures Inc., which will list shares on stock exchange today, is valued at P1.5 billion, a stock exchange filing today showed.

http://investing.businessweek.com/research/stocks/people/person.asp?personId=23379938&ticker=IP:US
February 17, 2010 – Wednesday

Jaime Enrique Y. Gonzalez
Chief Executive Officer, Managing Director, President, Director, Member of Nomination Committee, Member of Executive Committee and Member of Compensation/ESOP Committee, IPVG Corp.
    
Age : 32    --
BACKGROUND*

Jaime Enrique Y. Gonzalez has been the Chief Executive Officer of IPVG Corp. since 2003 and has been its President and Managing Director since July 2005. Mr. Gonzalez is a founder of IPVG Corp. He managed IPVG Corp.`s growth from start-up to take-off stage to its present structure and size. Mr. Gonzalez also serves as a Director on the Board of Retail Specialist Inc. and Elite Holdings, Inc. He has been a Director of IPVG Corp. since June 11, 2005. He served as director of Edsamail Philippines, Inc. Mr. Gonzalez has a Bachelor of Arts in International Politics and Economics from Middlebury College, attended the program for Masters in Entrepreneurship at the Asian Institute of Management, and completed Business courses from Sophia University in Tokyo.

By: Doris Dumlao
http://business.inquirer.net/money/breakingnews/view/20100216-253542/RP-stocks-up-by-meager-015-on-as-bargain-hunting-wanes
February 17, 2010 – Wednesday
(IPVG Mentioned)

MANILA, Philippines – Local stocks held up on Tuesday on thin trading while bargain-hunting momentum started to wane due to lack of fresh catalysts.

The main-share Philippine Stock Exchange index gained by a meager 4.47 points or 0.15 percent to close at 2,967.71.

The property, mining/oil, holding firms and financial sectors shored up the index while the industrial and services counters weighed it down.

Among the gainers were Philippine Long Distance Telephone Co., Century Peak Metal Holdings Corp., IPVG Corp., Universal Robina Corp., Metropolitan Bank and Trust Co. and Philex Mining Corp.

By: Daniel Anne B. Nepomuceno
Business World – Stock Market, 2/S2
http://www.bworldonline.com/main/content.php?id=6380
February 17, 2010 - Wednesday
(IPVG mentioned)

PHILIPPINE SHARE prices finished flat yesterday without economic leads here and abroad to guide investors, analysts said.

The Philippine Stock Exchange index (PSEi) gained a meager 0.15% or 4.47 points to close at 2,967.71, up from Monday’s close of 2,963.24.

“Third-liners including Lodestar Investment Holdings Corp. and IPVG Corp. rallied at the start of the trading while others showed correction... that’s why we were really expecting for stocks to go down,” Ms. Calma said.

But then, “towards the end of the trading, first-liners like Ayala Corp., Ayala Land, Inc., Metrobank (Metropolitan Bank and Trust Co.), PLDT (Philippine Long Distance Telephone Co.), GMA7 (GMA Network, Inc.), SM Prime Holdings, Inc., Jollibee Foods Corp. and Philex Mining Corp. recovered, which helped the index pull through.”

http://www.philstar.com/Article.aspx?articleId=550247&publicationSubCategoryId=200
February 17, 2010 – Wednesday
(IPVG mentioned)

MANILA, Philippines (Xinhua) - The Philippine stock market rallied for the fifth time on Tuesday amidst lack of leads on continued bargain hunting.

The benchmark Philippine Stock Exchange index gained 0.15 percent or 4.47 points to 2,967.71, while the all share index rose by 0.01 percent or 0.37 points to 1,884.82.

Trading was thin where only 1.32 billion shares worth P2.29 billion ($49.46 million) were changed hands. Foreign buyers beat sellers P570 million ($12.31 million) versus P525 million ($11.34 million), respectively.

Market breadth was positive where 59 stocks rose and only 53 tumbled. A total of 46 issues were unchanged.

Two of the six counters closed lower. Industrial and the service sector tumbled by 0.07 percent and 3.32 points to 4,558.36 and 0.29 percent or 4.37 points to 1,477.43, respectively.

Holding firms meanwhile climbed the most and was up by 1.46 percent or 14.46 points to 998.57.

"For a fifth consecutive day, the local stock market registered a gain amidst a lack of leads due holidays in the US and certain Asian countries," said Prince Anthony Yeung of local brokerage AB Capital Securities, Inc.

Trading however remains thin and were focused mostly on certain small cap stocks although there were still bargain hunting on 30- company index.

Among the small cap stocks that went up include gaming company IPVG Corp. which rose by 5.37 percent to finish at 2.55 pesos. The stock garnered more than its usual share of trades after one of its subsidiaries, IP E-Game Ventures, Inc. expressed intention to list by way of introduction.

"Some are looking to small cap issues for quick trades before making moves on blue chips. Investors [are] in a wait and see mode, " Yeung said.

The analyst said the local market will have more leads Wednesday since the US market will re-open Tuesday.

"Value turnover is expected to pick up tomorrow unless US markets are flat. Also, selling is expected to commence soon as the current rally is slowing down. Investors are advised to take this as an opportunity to sell," Yeung said.

The analyst said there are still a lot of questions that need to be answered, among which include the Greece`s debt problems before the local market can go on a sustained rally.

Most stocks in the 30-company index closed higher. Among those that went up include heavyweight Philippine Long Distance Telephone Cop, Metropolitan Bank & Trust Co. and Ayala Land, Inc.

by Norman P. Aquino, GMANews.TV
http://www.gmanews.tv/story/183949/rp-stock-index-extends-rally-bucks-wall-street-dip
February 16, 2010 – Tuesday
(IPVG mentioned)

Local share prices extended their rally in anemic trade on Monday as investors hunted for bargains, bucking Wall Street`s decline last Friday.

The Philippine Stock Exchange index went up by 0.46 percent or 13.59 points to 2,963.24, with only one of the six subindices declining.

In its weekly outlook brokerage 2TradeAsia said several listed stocks are at their oversold levels, "and markets have the ability to bounce fast once the sentiment shakeup abates."

…Dominant carrier Philippine Long Distance Telephone Co. (PLDT) gained P5 to P2,535, while IPVG Corp. added 48 centavos to P2.42.

On the other hand, Ayala Corp. lost P2.50 to P275, while unit Globe Telecom, Inc.lost P5 to P995.

Metropolitan Bank & Trust Co. and Metro Pacific Investments Corp. were unchanged at P40.50 and P2.75, respectively.

By Doris Dumlao
http://business.inquirer.net/money/breakingnews/view/20100215-253334/Philippine-stocks-post-modest-gain
February 16, 2010 – Tuesday
(IPVG mentioned)

The Philippine Star – Business, B-2
http://www.philstar.com/Article.aspx?articleId=549925&publicationSubCategoryId=66
February 16, 2010 – Tuesday
(IPVG mentioned)

By Miguel Camus
Business Mirror – Companies, page B1
http://www.businessmirror.com.ph/index.php?option=com_content&view=article&id=21816:ipvg-subsidiary-joins-pse-on-wednesday&catid=24:companies&Itemid=59
http://www.psebuzz.com/2010/02/ipvg-subsidiary-joins-pse-on-wednesday.html
http://betsocial.net/2010/02/14/ipvg-subsidiary-joins-pse-on-wednesday-business-mirror/
February 15, 2010 – Monday

IP e-Game Ventures Inc., the online gaming subsidiary of publicly held IPVG Corp., will officially join the stock market on Wednesday via introduction.

The move makes it the second company this year to take this alternative listing route.

“The listing date is on February 17,” said IPVG president Enrique Y. Gonzalez in a text message.

The company, which secured the Philippine Stock Exchange’s (PSE) approval on January 21, plans to list 33.54 million common shares  on the second board carrying an indicative price of P50 each.

An introductory listing differs from an initial public offering in that it allows a private firm to list on the PSE without raising capital. This route also allows a company to trade its shares on the exchange, giving it much needed exposure to investors. Ayala-led Integrated Microelectronics Inc. also took the same listing route on January 21.

Gonzalez said IP e-Game remains committed to conducting a follow-on public offering within 12 months of the listing date, in accordance with the rules of provided under the Securities Regulation Code.

By Jenniffer B. Austria
Manila Standard Today -- Business, page A11
February 13, 2010 -- Saturday

http://www.highbeam.com/doc/1G1-217941173.html
February 12, 2010 – Friday

The Philippine Stock Exchange has approved the application of IP E-Game Ventures Inc. (IPE), the online gaming subsidiary of IPVG Corporation, to list its shares by way of introduction.

In a disclosure, IPVG said IPE is listing 33.55 million common shares under the second board of the PSE at an indicative reference opening price of P50.00 per share without first having to undertake an initial public offer.

"We are thrilled with the approval of the listing of our Company. We will be the first publicly listed online games publisher in the country and marks a new phase in the growth of our organization,” said IP E-Games chief executive officer Enrique Y. Gonzalez.

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=IP:PM
February 12, 2010 – Friday
    
IPVG Corp., together with its subsidiaries, engages in the information technology and telecommunications, online computer games, and business process outsourcing businesses. The company provides managed data services and business solutions, as well as offers Internet data center services, connectivity services, IP transport services, and Prolexic distributed denial of service mitigation detection and protection system, as well as Salesforce.com on-demand business solutions, IP-converge voice over Internet call exchange suite, and IP-converge financial systems. It also offers massively multiplayer online role-playing game, an online computer role playing game; and casual games. In addition, it processes local and international remittances, Internet based debit and credit card payments, and issues debit cards and loyalty programs. IPVG Corp. serves customers in Asia, Australia, Europe, North America, and South America. The company is based in Makati City, the Philippines.

The Philippine Star – Business B-5
http://www.philstar.com/Article.aspx?articleId=546396&publicationSubCategoryId=66
February 4, 2010 – Thursday

MANILA, Philippines - Leading online gaming publisher IP E-Game
Ventures Inc. (IP E-Games), a subsidiary of publicly listed technology
firm IPVG Corp., has secured approval from the Philippine Stock
Exchange (PSE) for the initial listing by way of introduction of
33,545,554 common shares, under the second board of the Exchange, at
an indicative reference opening price of P50.00 per share.

IP E-Games chief executive officer Enrique Y. Gonzalez said: “We are
thrilled with the approval of the listing of our Company. We will be
the first publicly listed online games publisher in the country and
this marks a new phase in the growth of our organization.”

“With our access to the capital markets, we are well positioned to
further grow the company by continuously investing in our content
pipeline and publishing infrastructure. We hope to attract our gaming
community to participate in the stock market,” Gonzalez adds.

http://www.zibb.com/article/5825681/PHILIPPINES+IP+E+GAMES+BAGS+PSE+APPROVAL
http://www.silobreaker.com/philippines-ip-egames-bags-pse-approval--zibbcom-5_2263204578574991397
February 4, 2010 – Thursday

http://www.allvoices.com/s/event-5152599/aHR0cDovL3Bvc2l0aXZlbmV3c21lZGlhLm5ldC9hbTIvcHVib
GlzaC9CdXNpbmVzc18xOS9JUF9FLUdhbWVzX2JhZ3NfUFNFX2FwcHJvdmFsLnNodG1s

http://positivenewsmedia.net/am2/publish/Business_19/IP_E-Games_bags_PSE_approval.shtml

February 3, 2010 – Wednesday

MANILA, Feb. 3 (PNA) -- Leading online gaming publisher IP E-Game
Ventures Inc. (IP E-Games), a subsidiary of publicly-listed technology
firm IPVG Corporation, has secured approval from the Philippine Stock
Exchange (PSE) for the initial listing by way of introduction of
33,545,554 common shares, under the second board of the exchange, at
an indicative reference opening price of P50 per share.

IP E-Games chief executive officer Enrique Y. Gonzalez said the
company is very much thrilled with the approval of the listing as they
are first publicly listed online games publisher in the country and
marks a new phase in the growth of their organization.

“With our access to the capital markets, we are well positioned to
further grow the company by continuously investing in our content
pipeline and publishing infrastructure. We hope to attract our gaming
community to participate in the stock market and in particular with
our company," Gonzalez added.

http://research.scottrade.com/public/markets/news/news.asp?docKey=100-033u7609-1&section=headlines
February 3, 2010 – Wednesday

http://www.manilastandardtoday.com/insideBusiness.htm?f=2010/february/2/business3.isx&d=2010/february/2
February 3, 2010 – Wednesday

http://bigmobgame.com/online-game-publisher-to-list-shares.html
February 3, 2010 – Wednesday

http://www.tradingmarkets.com/news/stock-alert/pskxf_philippines-ip-e-games-bags-pse-approval-744590.html
February 3, 2010 – Wednesday

Philippine News Agency - Online
http://www.pna.gov.ph/index.php?idn=0&nid=3&rid=256278
February 3, 2010 - Wednesday

By Emilia Narni J. David
http://bworldonline.com/main/content.php?id=5563
February 2, 2010 – Tuesday

LISTED INFORMATION technology company IPVG Corp. said yesterday its
online gaming unit would soon list by way of introduction on the stock
exchange, after obtaining the bourse’s approval.

In a disclosure, IPVG Chief Executive Enrique Y. Gonzales said the
company was “thrilled that [IP E-Game Ventures, Inc.] would be the
first publicly listed online games publisher in the country.”

“With our access to the capital markets, we are well positioned to
further grow the company by continuously investing in our content
pipeline and publishing infrastructure. We hope to attract our gaming
community to participate in the stock market, and in particular with
our company,” said Mr. Gonzales.

IP E-Games will list 33,545,554 common shares under the second board
of the stock exchange, at an opening price of P50 per share.

By Zinnia B. Dela Peña
http://www.philstar.com/Article.aspx?articleId=545516&publicationSubCategoryId=66
February 2, 2010 – Tuesday

http://www.gmanews.tv/story/182939/pse-approves-ipvg-units-listing-by-introduction
February 2, 2010 – Tuesday

By JAMES A. LOYOLA
Manila Bulletin – Business B-5
http://www.mb.com.ph/articles/241482/pse-okays-listing-gaming-firm
February 2, 2010 – Tuesday

Malaya – Business Insight A8
http://www.malaya.com.ph/02022010/busi9.html
February 2, 2010 – Tuesday

By Miguel Camus
Business Mirror – Companies, page B2
February 2, 2010 – Tuesday

By Jenniffer B. Austria
Manila Standard Today -- Business, page B1
February 2, 2010 -- Tuesday

From abs-cbnNEWS.com
http://www.abs-cbnnews.com/business/02/01/10/pse-approves-ipvg-units-listing-way-intro
http://www.psebuzz.com/2010/02/pse-approves-ipvg-units-listing-by-way.html
http://philstockwatch.blogspot.com/2010/02/pse-approves-ipvg-units-listing-by-way.html
February 2, 2010 – Tuesday

From BusinessWorld Online
http://betsocial.net/2010/02/01/ipvg-unit-to-list-by-way-of-introduction-businessworld-online/
February 2, 2010 – Tuesday

From GMANews.TV
http://ph.news.yahoo.com/gma/20100201/tbs-pse-approves-ipvg-unit-s-listing-by-1da90e5.html
February 2, 2010 – Tuesday

http://uk.reuters.com/article/idUKSGE61100920100202
February 2, 2010 – Tuesday

By Zinnia dela Pena
Philippine Star – Business, page B2
http://www.philstar.com/Article.aspx?articleId=545516&publicationSubCategoryId=66
February 1, 2010 – Monday

MANILA, Philippines - IP E-Game Ventures Inc., the online gaming unit of listed IPVG Corp., obtained the Securities and Exchange Commission’s approval to double its authorized capital stock to P100 million.

The increase in capitalization is in preparation for the firm’s planned listing by way of introduction on the Philippine Stock Exchange.

Listing by way of introduction involves the listing and trading of a company’s shares at the stock market without going through an initial public offering (IPO).
IP E-Game’s new capitalization consists of 100 million shares with a par value of P1 each share.

The company has tapped ATR KimEng Capital Partners Inc. as financial adviser for the listing of its shares.