PSE Approves Cemex IPO

Manila—(PHStocks)—The Philippine Stock Exchange Inc. (PSE) has given its go signal for Cemex Holdings Philippines Inc. to conduct an Initial Public Offering (IPO). The cement producer will be offering 2.03 billion shares at a maximum price of PhP17.00. Including its over-allotment option of 304.95 million shares, the company can potentially raise PhP39.74 billion at the […]
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