comparemela.com

Latest Breaking News On - Philippine commercial capital - Page 8 : comparemela.com

SEC approves SMC bonds, Bank of Commerce IPO

The Securities and Exchange Commission (SEC) has approved the planned P3.5 billion initial public offering (IPO) of Bank of Commerce and the P60-billion fixed-rate bonds of its parent company San Miguel Corporation (SMC). The Commission En Banc resolved to render effective the registration statemen

Bank of Commerce s ₱3 4-B IPO, SMC s ₱60-B bond shelf registration get SEC nod

Bank of Commerce s ₱3 4-B IPO, SMC s ₱60-B bond shelf registration get SEC nod
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.

Bank of Commerce aiming to raise ₧3 5B from IPO

The Securities and Exchange Commission (SEC) has approved the P3.5-billion initial public offering (IPO) of Bank of Commerce and San Miguel Corp.’s (SMC) P60-billion fixed-rate bond offering under shelf registration. The SEC said it made the approval during its February 15 en banc meeting. Bank of Commerce will offer to…

SEC approves Bank of Commerce IPO, SMC bond offering

MANILA - The Securities and Exchange Commission (SEC) has considered favorably the initial public offering (IPO) by Bank of Commerce and fixed-rate bond offering by San Miguel Corporation (SMC). In its February 15 meeting, the commission en banc resolved to render effective the registration statements of Bank of Commerce and SMC covering 1,403,013,920 common shares and up to PHP60 billion in fixed-rate bonds under shelf registration, respectively, subject to their compliance with certain remaining requirements. Bank of Commerce Bank of Commerce will offer to the public up to 280,602,800 common shares priced at up to PHP12.50 per share. The shares will be listed on the Main Board of the Philippine Stock Exchange (PSE). The bank expects to net about PHP3.34 billion from the offer. Proceeds will be used to fund the bank's lending activities and finance capital expenditure requirements, in connection with upgrading its automated teller machine (ATM) fleet and core banking system. Any r

San Miguel preps revenge infusion

Amid improvements in the capital market driven by the gathering economic rebound, an affiliate of Ramon Ang’s conglomerate is setting up for a debut at the local bourse after getting an approval from the Securities and Exchange Commission (SEC). The Commission En Banc on Wednesday confirmed that it has “considered favorably” the P3.34-billion initial public […]

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.