CEB’s planned P25.73 billion primary and secondary share offering gets nod
The Securities and Exchange Commission (SEC) has approved the planned initial public offerings of Cebu Air Inc. (CEB) to allow the airline unit of JG Summit Holdings (operating under the brand Cebu Pacific Air) to raise up to P25.73 billion from the overseas and domestic markets.
Documents filed with the SEC show, Cebu Air is planning [...]
SM eyes overseas public offering for China malls
SM Prime Holdings, the mall development arm of the SM Investments Corporation, is planning to list in an overseas exchange the shares of its wholly-owned unit that owns its China mall operations within five years.
This is according to SMIC and SMPHI chief finance officer Jose Sio yesterday who talked to reporters after he was named [...]