Bookstore chain to open more branches
By Riza T. OlchondraNational Bookstore Inc. of the Ramos family may open up to 15 new branches this year as it anticipates sustained demand for its products, Adrian Ramos yesterday told reporters.
National Bookstore Inc. of the Ramos family may open up to 15 new branches this year as it anticipates sustained demand for its products, Adrian Ramos yesterday told reporters.
The Ramos family has finalized plans to list its flagship retailing, publishing and allied businesses through the backdoor of the local stock exchange using Vulcan Industrial and Mining Corp., which will be renamed National Book Store Retail Corp.
Vulcan Industrial and Mining Corp., which is being groomed as a prospective backdoor listing vehicle for retailer National Bookstore, plans to raise fresh funds from the sale of treasury shares early this year.
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.
