#Eugene Erik C. Lapasaran Lim
Top Line scales back IPO, final price lower than expected at ₱0.31 per share
Cebu-based fuel distributor Top Line Business Development Corp. (Top Line) has set the final price for its initial public offering (IPO) at ₱0.31 per share, lower than the adjusted indicative price of ₱0.38 per share.
Top Line seeks strategic investor ahead of reduced ₱900-million IPO
Cebu-based fuel distributor Top Line Business Development Corporation (Top Line) is negotiating with a potential strategic investor that will come during the firm’s planned ₱900 million initial public offering (IPO).