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Aznar Shipping’s P670-M IPO gets SEC approval - BusinessWorld Online
The company plans to raise up to P737 million, and the filing was the first processed through the regulator’s new online system.
Summary by bworldonline.com
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SEC clears Aznar Shipping’s P670-M IPO
MANILA, Philippines — Cebu-based Aznar Shipping Corp. has secured Securities and Exchange Commission (SEC) approval for an initial public offering (IPO) that could raise up to P670 million to help finance fleet expansion and shipyard development. The Aznar family-led shipping operator plans to offer up to 1 billion common shares at a maximum price of
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50% Center
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