What is “Backdoor Listing” in the PSE?

“Backdoor listing” is one of several ways a company can offer its shares to the public, together with Initial Public Offering (IPO) and Listing by Way of Introduction. What is Backdoor Listing? In the Philippine Stock Exchange (PSE), backdoor listing occurs “when a listed company acquires or merges or combines with an unlisted company, or when a listed company is acquired …

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