Can a Barbecue Baron Kick off a Big Year for Philippine IPOs? (Nikkei Asia)
On Tuesday, self-made billionaire Edgar “Injap” Sia will attempt to burnish his record with a third straight blockbuster IPO when DDMP REIT, a real estate investment trust, lists on the Philippine Stock Exchange.
The stakes are high for the 44-year-old Sia — but also for the local stock market, which aims to double the number of IPOs this year even as its benchmark index has slumped to the worst performance in the region. READ MORE (GOOGLE CACHE)
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