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News and Events

Wilcon Founder William Belo, Fashion Designer Josie Natori Lead 6 Newcomers to Forbes' 2018 PH Rich List

This year saw the most number of new entries and exits in the exclusive list since 2013

Business magazine Forbes’ latest list of the Philippines’ 50 richest people features six new names. That’s the highest number of newcomers since 2013, when the list was expanded from 40 tycoons to 50.Leading the six newcomers is William Belo, the founder and ...

by Lorenzo Kyle Subido  | September 06, 2018 12:00:00
News and Events

Wilcon CEO Included in Forbes Asia’s Emergent 25 List of Influential Women

The 39-year-old exec is credited for leading Wilcon Depot’s aggressive expansion in the past year

Lorraine Belo-Cincochan, the daughter of Wilcon founder and chairman emeritus William Belo, was cited by Forbes Asia for her leadership in the company’s “most aggressive expansion yet”Lorraine Belo-Cincochan, the president and CEO of listed home improvement retailer Wilcon Depot, is one of the ...

by Lorenzo Kyle Subido  | May 07, 2018 03:00:00
News and Events

How Much Money You Would Have Made (or Lost) if You Bought IPO Stocks in 2017

A look back at the market performance of four companies that listed at the PSE this year

In 2017, four companies launched initial public offerings (IPOs) and listed on the Philippine Stock Exchange (PSE). While this puts it at par with the previous two years, which also saw four IPOs each, this is lower than the target of six ...

by Lorenzo Kyle Subido  | January 03, 2018 09:00:00
Startup Tips

Financial Adviser: 5 Startup Lessons From Wilcon Founder William Belo

New entrepreneurs can learn a lot from the founder of Wilcon Depot

William Belo was no ordinary student when he was about to enter college. Instead of following the traditional route of getting a good job after finishing college, he told his father that he would like to start up a business as soon ...

by Henry Ong  | June 20, 2017 03:00:00
Startup Tips

4 Business Lessons from Wilcon Depot Founder William Belo

How did the country's biggest construction supply retailer do it?

 A long time coming, Wilcon Depot concluded its initial public offering and listing process last March 31 when the company's outstanding common shares began to be traded at the Philippine Stock Exchange. The country's first IPO for the year raised Php7 billion ...

by Lorenzo Kyle Subido  | April 03, 2017 04:00:00
News and Events

Founding Family's Stake in Wilcon Climbs Php758-M in First-Day Trade

Construction supply retailer's share price rose 6.3% to a high of Php5.37 after listing

The share price of Wilcon Depot Inc., the Philippines' biggest home improvement retailer, rose 6.3 percent to a high of Php5.37 apiece from the offer price of Php5.05, hours after listing at the Philippine Stock Exchange on March 31.Trading under the ticker ...

by Lorenzo Kyle Subido  | March 31, 2017 05:00:00
News and Events

Wilcon: From a 60-sqm Store to PH's Biggest Home Improvement Chain

William Belo shares how he built a nationwide network of 37 branches and counting

Wilcon Depot Inc. is set to debut at the Philippine Stock Exchange by the end of March with an initial public offering (IPO) priced at Php5.05 per share. The first IPO of the year, which began March 20 and lasts until March ...

by Lorenzo Kyle Subido  | March 22, 2017 11:00:00
News and Events

Want to Own a Piece of PH's Biggest Chain of Home Improvement Stores?

Wilcon Depot to sell shares to the public at Php5-5.68 each from March 20 to 24

Home improvement retailer Wilcon Depot Inc. is set to debut at the Philippine Stock Exchange at the end of the month, marking the first initial public offering (IPO) of the year.The country's biggest home improvement and construction supply retailer is planning to ...

by Lorenzo Kyle Subido  | March 11, 2017 10:00:00