SEC News Service Series of 2015 August 12, 2015


Supermarket and department store chain Metro Retail Stores Group Inc. of the Gaisano family plans to raise up to P6.17 billion ($134.92 million) in the Philippine's second-largest initial public offering (IPO) of the year.

Only two firms have debuted on the Philippine Stock exchange this year, raising just 1.77 billion pesos combined. The largest IPO of 2015 is set to be property developer D.M. Wenceslao and Associates Inc. at 21.72 billion pesos.

Source InstitutionSecurities and Exchange Commission
Source URL
Page Count8
Place of PublicationMandaluyong City
Original Publication DateAugust 12, 2015
Tags Newsletter