Wilcon Depot Inc., a retailer of home improvement and construction supplies, is set to proceed with its initial public offering or IPO in the Philippine Stock Exchange (PSE) this March 2017.
The company plans to raise as much as P7.9 billion from the said offering by issuing up to 1.39 billion common shares to the public.
Are you planning to participate in the initial public offering (IPO) of Pilipinas Shell (SHLPH)?
Before you do, make sure you acquire useful and credible information that can help you make an informed decision.
Oil refinery Shell Philippines is finally pushing through with its initial public offering (IPO) after almost 20 years of delay.
Pilipinas Shell Petroleum Corp. is set to raise P21.12 billion to P23.1 billion from its planned IPO, issuing up to 330 million shares, with each stock indicatively priced between P64 and P70.
Investors who took part in the initial public offering (IPO) of specialty retailer SSI Group Inc. (SSI) gained 6.5% during the stock’s first trading day.
SSI closed at P7.99 per share on November 7, the first trading day after the company’s IPO, a 6.5% increase from the offer price of P7.50.
(See also: Subscribe to the IPO of SSI and PSPC?)
In the coming weeks, two new companies will be offering their shares to the public for the first time, namely, the SSI Group Inc. (SSI) and the Phoenix Semiconductor Philippines Corp. (PSPC).
Is it a good idea to buy and subscribe to the IPO of SSI and PSPC?
After months of delay, with rumors that the company even deferred its planned Initial Public Offering (IPO) to avoid the Ghost Month in August, Phoenix Semiconductor Phil. Corp. (PSPC) is finally pushing through with its IPO on December 1.
PSPC plans to raise up to P1.22 billion from the said offering, proceeds of which will be primarily used for expansion. PSPC intends to extend its current manufacturing facility and construct a new production facility within its 15-hectare area property at the Clark Freeport Zone in Pampanga. The projects are meant to start bigger mass production of its products by the second half of 2015
Another company is planning to conduct its maiden share sale this November, joining the likes of Rustan’s consumer retailer SSI Group, property developer Pro-Friends, and semiconductor firm Phoenix Semiconductor Philippines Corp. that have all announced their Initial Public Offering or IPO before the end of the year.
The specialty store arm of Rustan’s company, SSI Group, has announced it is currently seeking approval from the Securities and Exchange Commission to pave the way for a planned initial public offering or IPO in November.
Rustan’s Stores Specialists Inc. (SSI) is responsible for bringing more than a hundred international brands into the country, including Hermes, Prada, Gucci, Burberry, Salvatore Ferragamo, Lacoste, Michael Kors, Kate Spade, Gap, Old Navy, Zara, Stradivarius, Bershka, Aeropostale, Samsonite, Nine West, Payless Shoe Source, Beauty Bar, Marks and Spencer, Pottery Barn and TWG, among others.
