Cebu Landmasters Inc. (CLI), a property developer focusing on the Visayas and Mindanao, said it is allotting some P13 billion for capital expenditures (capex) this year to fund its project launches. This year’s capex is slightly higher than the P12 billion earmarked in 2021, the company said. During the firm’s…
North Star Meat Merchants Inc., a pork and meat vendor, has decided to defer its planned initial public offering due to the prevailing market volatility amid rising inflation.
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The Philippine Stock Exchange, Inc. (PSE) has approved the planned P4.5-billion initial public offering of North Star Meat Merchants, Inc. slated for June 13 to 17, 2022. The meat vendor will offer up to 360 million primary shares and 32 million secondary shares with up to 58 million over-allotment