Latest Breaking News On - Ubject to the company 39s compliance with certain remaining requirements cts global will offer public up 1 - Page 1 : comparemela.com

MANILA - The Securities and Exchange Commission (SEC) has considered favorably the initial public offering (IPO) by CTS Global Equity Group, Inc. for up to PHP1.375 billion. In its March 10 meeting, the commission en banc resolved to render effective the registration statement of CTS Global covering 6.875 billion common shares, subject to the company's compliance with certain remaining requirements. CTS Global will offer to the public up to 1,375,000,000 common shares priced at up to PHP1 per share, to be listed on the Small, Medium, and Emerging Board of the Philippine Stock Exchange, Inc. (PSE). Net proceeds from the offering are expected to amount to about PHP1.35 billion, which the company will use for the scaling of its global trading operations, client account management expansion, and general corporate purposes. CTS Global engages in the trading of equities as a broker-dealer for the Philippine market, as well as global markets including the United States, China, Hong Kong,

United statesHong kongEdwardk leeBoard of the philippine stock exchange incGlobal equity group incExchange commissionFinancial group incSb capital investment corporationEquity groupEmerging boardPhilippine stock exchangeInvestment corporationManila the securities and exchange commission sec has considered favorably initial public offering ipo by cts global equity groupNc for up to php1 375 billion in its march 10 meetingHe commission en banc resolved to render effective the registration statement of cts global covering 6 875 billion common sharesUbject to the company 39s compliance with certain remaining requirements cts global will offer public up 1