Hann Holdings says timing, not fundamentals, behind IPO deferral - BusinessWorld Online

Hann Holdings says timing, not fundamentals, behind IPO deferral - BusinessWorld Online

HANN HOLDINGS, INC. said its decision to defer its P13-billion initial public offering (IPO), originally scheduled for listing next month, aims to protect investors until market conditions improve. “We believe it is in the best interests of our investors and stakeholders to enter the market when conditions will allow for a fair reflection of the value we have created and the opportunities ahead,” Hann Holdings Chairman, President, and Chief Exec…