Tag: IPO

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Top Line starts IPO, aims to raise P624.6M for expansion

Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.

Maynilad raising over P43B in proposed IPO

West Zone Maynilad Water Services Inc. announced plans to raise up to P43.78 billion in an initial public offering (IPO) at the Philippine Stock Exchange (PSE).

Top Line in advanced talks with strategic investor

Cebu-based Top Line Business Development Corp. is in advanced discussions with a strategic investor ahead of its upcoming initial public offering (IPO) and listing on the Philippine Stock Exchange (PSE) in early April. The company aims to raise some ₱764 million from the sale of up to 2.14 billion primary shares, priced at an indicative ₱0.38 per share.

It’s a go for Upson’s P4.88 billion IPO

Upson International Corp., a retailer of personal computers and information technology products, has secured the approval of the Philippine Stock Exchange (PSE) for its P4.88 billion initial public offering. 

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Aboitiz Renewables to build 239-MWp solar plant with battery storage in Negros Occidental

Aboitiz Renewables, Inc., the clean energy arm of Aboitiz Power Corporation, will expand its solar capacity in Negros Occidental to 471 megawatt-peak (MWp) once the new Luna Solar Power Plant becomes operational.

Jollibee opens new San Francisco store to boost North America expansion

Jollibee Foods Corporation, also called the Jollibee Group, has opened a new store in downtown San Francisco, California to grow its business across North America.

Eala-Pegula title match suspended by rain

Alex Eala’s bid for the biggest title of her career was put on hold after persistent rain repeatedly disrupted the Mubadala DC Open final against top seed Jessica Pegula. The championship match was delayed for hours before play started, only to be suspended again for the safety of players and spectators. Eala surged to a 4-3 lead in the opening set and created several chances to move within a game of the set before World No. 3 Pegula rallied to win three straight games for a 6-4 advantage. Eala claimed the second-set opener before trailing 2-1 when play stopped.

Visa and GCash linkup allows card-funded QR payments

Digital payments giant Visa and mobile wallet GCash have announced a partnership to introduce a new, more secure way for consumers to pay for everyday purchases across the Philippines.

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