PH’s first dollar-denominated stocks to be listed on April 7
DUAL-LISTED fruit canner Del Monte Pacific Limited (DMPL) stated on Monday it will commence its $250-million preference share issue this week after receiving regulatory popularity of the fund raising.
It said it expects to list the u . S . A .’s first ever dollar-denominated shares on April 7.
MMFF 2019 : Joem Bascon and Yeng Constantino on Write About Love05:16MMFF 2019 : Joem Bascon And Yeng Constantino On Write About LoveVP Robredo defers sharing drug struggle report03:30VP Robredo Defers Sharing Drug War Report[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: Winners & Downers03:31[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: Winners & Downers[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: Certified CSI Reports15:33[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: Certified CSI Reports[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: The T-Zone08:11[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: The T-ZoneCSI: Celebrity, Style, Inspiration Season 2, Episode 101:01:09CSI: Celebrity, Style, Inspiration Season 2, Episode 1Trending Articles00:50Trending ArticlesMayor Isko Moreno: 'The Grand Old Dame' eyes return in May03:50Mayor Isko Moreno: 'The Grand Old Dame' Eyes Return In MayGoing Up00:59Going UpCovid-19 can be contained with proper measures -- WHO chief08:10Covid-19 Can Be Contained With Right Measures -- WHO Chief
In a statement, DMPL said that on March 17, it obtained the notice of approval from the Philippine Stock Exchange (PSE) for the preliminary provide tranche of its public supplying of US greenback-denominated preference stocks, challenge to certain situations.
DMPL said the preference stocks might be presented to the general public from March 22 to 28. It will behavior an investor avenue display presentation on the proportion sale day after today, March 22.
The $250-million share difficulty is the preliminary tranche of its $360-million 3-12 months equities program below shelf registration with the Securities and Exchange Commission (SEC).
Ed Francisco, president of BDO Capital & Investment Corp., said the bottom offer is $one hundred fifty million with a greenshoe or oversubscription alternative of $one hundred million.
“We’re being conservative due to the fact that is the primary device of its kind,” Francisco stated. BDO Capital become appointed lead underwriter for the deal.
DMPL, that's listed on each the Singapore Exchange Limited and the PSE, earlier stated that the funds to be raised from the preference share trouble will partly finance its mortgage responsibilities.
DUAL-LISTED fruit canner Del Monte Pacific Limited (DMPL) stated on Monday it will commence its $250-million preference share issue this week after receiving regulatory popularity of the fund raising.
It said it expects to list the u . S . A .’s first ever dollar-denominated shares on April 7.
MMFF 2019 : Joem Bascon and Yeng Constantino on Write About Love05:16MMFF 2019 : Joem Bascon And Yeng Constantino On Write About LoveVP Robredo defers sharing drug struggle report03:30VP Robredo Defers Sharing Drug War Report[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: Winners & Downers03:31[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: Winners & Downers[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: Certified CSI Reports15:33[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: Certified CSI Reports[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: The T-Zone08:11[HIGHLIGHTS] CSI: Celebrity, Style, Inspiration: The T-ZoneCSI: Celebrity, Style, Inspiration Season 2, Episode 101:01:09CSI: Celebrity, Style, Inspiration Season 2, Episode 1Trending Articles00:50Trending ArticlesMayor Isko Moreno: 'The Grand Old Dame' eyes return in May03:50Mayor Isko Moreno: 'The Grand Old Dame' Eyes Return In MayGoing Up00:59Going UpCovid-19 can be contained with proper measures -- WHO chief08:10Covid-19 Can Be Contained With Right Measures -- WHO Chief
In a statement, DMPL said that on March 17, it obtained the notice of approval from the Philippine Stock Exchange (PSE) for the preliminary provide tranche of its public supplying of US greenback-denominated preference stocks, challenge to certain situations.
DMPL said the preference stocks might be presented to the general public from March 22 to 28. It will behavior an investor avenue display presentation on the proportion sale day after today, March 22.
The $250-million share difficulty is the preliminary tranche of its $360-million 3-12 months equities program below shelf registration with the Securities and Exchange Commission (SEC).
Ed Francisco, president of BDO Capital & Investment Corp., said the bottom offer is $one hundred fifty million with a greenshoe or oversubscription alternative of $one hundred million.
“We’re being conservative due to the fact that is the primary device of its kind,” Francisco stated. BDO Capital become appointed lead underwriter for the deal.
DMPL, that's listed on each the Singapore Exchange Limited and the PSE, earlier stated that the funds to be raised from the preference share trouble will partly finance its mortgage responsibilities.
No comments:
Post a Comment