The share price of broadband internet service provider Converge Information and Communications Technology Solutions Inc. dropped upon its debut at the Philippine Stock Exchange. Converge shares closed at P15.22 per share, 9.4 percent lower than its initial public offering price of P16.80...
The planned telecommunications infrastructure expansion of a fiber internet provider will significantly contribute to the country’s strong economic bounce-back from the coronavirus pandemic, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III During the...
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...