Philippines’ Largest IPO Ends Flat in Debut Trading (The Asset)

Monde Nissin Corporation, which raised the largest initial public offering (IPO) in Philippine capital markets’ history amounting to 48.6 billion pesos (US$1.02 billion), had a lukewarm trading debut on June 1, closing at 13.48 pesos per share, compared with its offer price of 13.50 pesos each. READ MORE

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