- | Fruitas Holdings got the nod of the SEC for its IPO plan & raise some P1.2B |
- | Maximum price of P1.99 each |
- | The investing public can partake of up to 28.2% of the company’s total issued shares |
| IPO momentum continues |
Food kiosk operator Fruitas Holdings got the nod of the Securities and Exchange Commission (SEC) for its plans to go public and raise some P1.2 billion. Fruitas aims to list on the main board on November 29. It proposed an offer period from November 18 to 22.
BDO Capital and Investment Corporation and First Metro Investment Corporation were appointed as joint issue managers, bookrunners, and lead underwriters for the offering.
October 18, 2019 11:17 am