By JON VIKTOR D. CABUENAS, GMA News
Published March 4, 2021 6:07pm Food maker Monde Nissin Corporation which owns the Lucky Me! brands is set to generate some P63 billion, in what could be the biggest initial public offering in the Philippine market to date. Monde Nissin plans to offer 3.6 billion shares at as much as P17.5 apiece based on its prospectus filed with the Securities and Exchange Commission (SEC) dated March 2, 2021. It has also set an overallotment option of 540 million shares. The company s Asia-Pacific Branded Food and Beverage Business includes instant noodles, biscuits, oyster sauce, and yogurt drinks under the brands Lucky Me!, SkyFlakes, Fita, Nissin, M.Y San Grahams, Mama Sita s, and Ditch Mill.