North Star Meat Merchants, Inc. has decided to shelve its planned P4.5 billion initial public offering “due to increased market volatility amidst inflationary concerns.” In a letter to the Philippine Stock Exchange, the firm said the decision to defer the IPO was made in consultation with its...
The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of North Star Meat Merchants, Inc. worth up to P4.5 billion. In its meeting on May 17, the Commission En Banc resolved to render effective the registration statement of North Star Meat Merchants covering 1.8...
North Star Meat Merchants Inc., one of the largest pork and beef vendors in the country, is planning to raise up to P4.5 billion from an initial public offering of both new and secondary shares. In a statement, the firm said it has filed with the Securities and Exchange Commission (SEC) its...