Medilines Distributors Inc. marks its stock market debut in the Philippine Stock Exchange with a bell ringing ceremony on Dec. 7. The company says it will use the P1.20 billion raised from the sale of primary shares to purchase products, build up medical consumables inventory and pay debt. Attending the ceremony are (from left, by row) MEDIC president and chief executive Ma. Patricia Dolor Yambing, PSE chief operating officer Roel Refran, MEDIC director Ma. Theresa Villar, MEDIC chairman Virgilio Villar, PSE president and chief executive Ramon Monzon, PSE issuer regulation division head Marigel Garcia, Philippine National Bank president Jose Arnulfo Veloso, MEDIC general manager Daniel Zulueta, MEDIC treasurer and chief finance officer Margarita Villarico and Securities Clearing Corporation of the Philippines chief operating officer Renee Rubio.
