Latest Breaking News On - பிரதான பலகை ஆஃப் தி பிலிப்பைன் ஸ்டாக் பரிமாற்றம் - Page 2 : comparemela.com
SEC approves P14 92-billion FLI REIT IPO
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
SEC approves SMC, Cirtek s P51 81-B public offerings
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
SEC greenlights Monde Nissin s initial public offering
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Published February 18, 2021, 6:00 AM
The Securities and Exchange Commission (SEC) has approved the P14.71 billion initial public offering (IPO) of DoubleDragon Properties Corporation’s real estate investment trust (REIT).
The SEC En Banc resolved to render effective the registration statement of DDMP REIT, Inc. for 17.83 billion common shares for listing on the Main Board of the Philippine Stock Exchange (PSE), subject to the company’s compliance with the remaining requirements.
Of the total issued and outstanding shares, DDMP will offer to the public up to 5.94 billion common shares currently owned by DoubleDragon, Benedict V. Yujuico and Teresita M. Yujuico.
The selling shareholders have also set aside 594.25 million more shares as an overallotment option.