Not a few eyebrows were raised when San Miguel Corp. announced recently the list of underwriters for the initial public offering of its energy unit, San Miguel Global Power. No, it wasn’t the size—a substantial $500 million, estimated—or its relative youth as a corporate entity (more than compensated for by its steady cash flow). What [...]
First Gen Corp. plans to raise as much as P10 billion through the issuance of 100 million Series F preferred shares. In a disclosure to the Philippine Stock Exchange, First Gen said the shares were being offered by way of private placement or issuance to qualified buyers of the series F preferred shares, which would [...]
Laguna-based semiconductor manufacturer Cirtek Electronics Corp. seeks to debut on the Philippine Stock Exchange through an initial public offering of shares worth as much as P660 million by September. In a prospectus filed at the Securities and Exchange Commission, Cirtek proposed to offer up to 61.82 million in new common shares at an offer price [...]
