The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.
The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.
Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.
Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.
The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.
The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.
The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.
Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.
Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.
The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.
The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.
Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.
Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.
The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.
The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.
Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.
Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.
The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.
Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.
Once listed, the company will be using the stock code CEB during trading.
Update (September 2010): Cebu Pacific stock flies 6% on first IPO trading day
Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.
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