By Henry Ong
Q: I RECEIVED a few weeks ago some tips from my friends to buy this stock that is rarely traded in the market because a large private company is set to acquire it and use it as a vehicle for public listing. True enough, the stock price recently went up and I am wondering if I should buy some. But then I don’t know if I am buying it at right price since there is not much disclosure made about the deal. What should I do? Please advise —Bernadette Mendiola by email
Posted: May 14th, 2013 in Headlines | Read More »
The controlling shareholders of Touch Solutions Inc., long speculated to be a target for backdoor-listing, have struck a deal to sell 70 percent of the information technology company to a new investor.
Posted: April 26th, 2013 in Headlines | Read More »
By Doris C. Dumlao
IP Converge Data Center is set to engage in the affordable housing business as the group that bought the publicly listed shell company plans to infuse up to P8 billion worth of assets and conduct a follow-on equity offering next year.
Posted: November 29th, 2012 in Headlines | Read More »
By Doris C. Dumlao
Holding firm Southeast Asia Cement Holdings Inc. (Seacem) is reviewing its options to transform itself into a backdoor listing vehicle after completing a share buyback that widened the public float of subsidiary Lafarge Republic Inc. (LRI) but reduced its own public ownership.
Posted: November 19th, 2012 in Latest Business Stories | Read More »
By Doris C. Dumlao
The Ramos family expects to firm up within a year plans for Vulcan Industrial and Mining Corp. to be the backdoor listing vehicle for its flagship National Bookstore businesses.
Posted: November 19th, 2012 in Latest Business Stories | Read More »
By Doris C. Dumlao
LMG Chemicals Corp. has entered into negotiations with two prospective investors interested in a backdoor listing on the stock market. But while due diligence of potential buyers are ongoing, the squabble among LMG shareholders is intensifying.
Posted: February 20th, 2012 in Headlines | Read More »
