Yehey! gets listed by way of introduction
Posted on October 13th, 2009
Local search engine Yehey! Corp. was established on June 10, 1998 and has an authorized capital stock of P1 billion, consisting of billion shares. Recently, it joined the growing list of companies who wants to get listed by way of introduction on the stock exchange.
Yehey!, on its registration statement filed at the Securities and Exchange Commission (SEC), said it plans to list 278 million common shares with a par value of P1 on the second board of the Philippines Stock Exchange (PSE).
Yehey! earns revenues through advertising. It is primarily engaged in the management and marketing of yehey.com and other organic websites. The company also earns revenues from Google through its participation in Google’s Adwords and Adsense program.
Because of the high traffic of Internet users using yehey.com, it has become a compelling platform for brand and marketing managers to serve as a medium where they can communicate with their target audience.
From managing only a single website, which was yehey.com, Yehey! now manages and maintains a number of corporate websites. It launched Yehey! Marketing Solutions in 2006, which offers online marketing and consulting services to corporate clients.
Aside from the, it also offers backroom services to key advertising and marketing agencies that do not have the required specialization for online marketing needs.
Vantage Equities Inc., Yehey!’s parent firm, has investments in inward remittance, information technology and financial institution, among others.
Yehey! aims to become a full-service digital marketing leader, as it continue to expand its client base by creating more websites and online projects and campaigns for corporate clients.
Before Yehey!, two companies, which are the AgriNurture Inc. and Century Peak Metals Holdings Corp., have also listed by way introduction at the PSE, while Ayala-led unit Integrated Microelectronics Inc., filed last week its intro listing application with the SEC.
