Supermarket Chain Owned By Philippines’ Richest Man To Raise $119 Million From IPO

The supermarket chain plans to sell as much as 7.54 billion shares—including the overallotment option of 685.7 million shares—at a maximum price of 0.80 pesos apiece, according to the company’s IPO prospectus filed with the Securities and Exchange Commission.

Source: https://www.forbes.com/sites/jonathanburgos/2021/08/18/supermarket-chain-owned-by-philippines-richest-man-to-raise-119-million-from-ipo/

Join the Discussion

  • BrokerEUR/USD
    ETX Capital 0.6pips (variable) margin: 3.33%
    City Index 0.5pips (fixed) margin: 3.33%
  • Back to top