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Figaro Coffee Group, Inc. (FCG) successfully listed its shares at the Philippine Stock Exchange with its share price closing a notch higher at P0.77 apiece from its initial public offering price of P0.75 per share. FCG’s share price hit a high of P0.89 intraday, up 18.7 percent from its IPO price b
In its initial public offering at the Philippine Stock Exchange, Figaro sold 1.023 billion common shares, sold at a reduced price of P0.75 per share. By the time trading closed, it was up 2.67%.