It has been a week since Typhoon Ulysses made landfall in the Philippines, but Maynilad Water Services Inc. has yet to resume its normal production level due to continued high turbidity level of raw water in Ipo Dam. Jennifer Rufo, head of corporate communications at Maynilad, said the sustained...
Philippine firms have shelved their initial public offerings this year due to the pandemic in contrast to the robust number of companies that went public elsewhere globally undeterred by the real threats of the COVID-19. According to an EY quarterly report, EY Global IPO Trends Q3 2020, worldwide...
Converge Information and Communications Technology Solutions, Inc. (Converge) disclosed to the Philippine Stock Exchange that it has set its final initial public offering price at P16.80 per share to raise up to P29 billion. The firm had earlier moved up the timetable of its planned IPO while...
Converge Information and Communications Technology Solutions, Inc. (Converge) is allotting P12.7 billion to P16 billion worth of its P32.9 billion to P41.55 billion initial public offering for cornerstone investors. In its prospectus, Converge said though that its cornerstone investors...
The Philippine Stock Exchange, Inc. (PSE) has approved the planned initial public offering (IPO) application of Converge Information and Communications Technology Solutions, Inc. (Converge) worth up to P41.55 billion. Coverge targets to raise P36.13 billion from the sale of up to 480.84...
NOW Telecom Company, Inc., aiming to be the country’s fourth telecommunications firm, is looking into the possibility of listing its shares in a stock exchange by way of introduction—a method of going public without an initial stock offering. In a disclosure to the Philippine Stock...
