IMI Considering IPO
Integrated Micro-Electronics Inc. (PSE: IMI) of Ayala Corp. (PSE: AC) is warming up to a potential initial public offering (IPO) to comply with the requirement of the local bourse where it listed by way of introduction four years ago. IMI also expected to exceed the strong results it chalked up in 2013, during which the company nearly doubled its net profit to $10.5 million.
Source: Philippine Daily Inquirer