Monde Nissin Corporation, which raised the largest initial public offering (IPO) in Philippine capital markets’ history amounting to 48.6 billion pesos (US$1.02 billion), had a lukewarm trading debut on June 1, closing at 13.48 pesos per share, compared with its offer price of 13.50 pesos each.
Monde Nissin dips on market debut as PHL s largest IPO 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.
Trade and Industry Secretary Ramon M. Lopez said the domestic economy is still on track for a V-shaped recovery with improved investment climate this year. Lopez, who spoke at today’s listing ceremony of Nissin Monde Corp. initial public offering the largest in the Philippine Stock Exchange h