Initial Public Offering

Yehey IPO: Stock rises 170% on first trading day

Investors of financial holdings firm Vantage Equities (PSE stock code: V) who received shares of Yehey! Corporation as property dividends in 2007 have a genuine reason to rejoice, now that shares of Yehey! Corp. are being traded on the Philippine Stock Exchange.

Yesterday, October 18, digital marketing company YEHEY debuted on the PSE and its stock price registered a 170% increase from its initial listing price of P1.00 to close at P2.70.

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Philippine Business Bank (PBB) to IPO in 2012 or 2013

The Philippine Business Bank, a savings bank under the conglomerate of the Zest-O group, is planning to issue shares in an initial public offering (IPO) by the end of 2012 or by the first quarter of 2013.

Last week, the bank filed its application with the Securities and Exchange Commission in a bid to become one of the major players in the local banking industry.

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Coal Asia: Details of Initial Public Offering (IPO)

Coal Asia Holdings, Inc., parent company of the firm with the country’s second-largest coal reserves, is planning to raise up to P800 million through an initial public offering (IPO) before the end of the year.

The company will sell 800 million common shares — representing 20% of its total issued and outstanding stock — at an offer price of P1.00, also the share’s par value.

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San Miguel Brewery IPO

Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.Shares of the beer unit of food and beverage conglomerate San Miguel Corporation will be listed on the Philippine Stock Exchange starting May 12.

Investors, however, can subscribe to the initial public offering (IPO) of San Miguel Brewery Inc. (SMB) from April 28.

More than 1.8 billion common shares will be sold to the public. Of this, 77 million to 154.8 million will be new shares, while 693.4 million to 1.4 billion will be shares currently owned by San Miguel Corp.

The offer price range is set at Php 8.00 – 15.40 per share. The offer price will be finalized on April 25.

At its lowest, the company expects to raise P7.1 billion from the IPO, proceeds of which will be used by the parent company to venture into new capital-intensive businesses such as energy and mining.

Discuss the SMB IPO and other IPO updates in the IPO Discussion, News and Updates thread in the PMT Forum.

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