Live Breaking News & Updates on Joint Local Lead Underwriters

Stay updated with breaking news from Joint local lead underwriters. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Del Monte Phils. pushes P44-B initial public offering


Published April 28, 2021, 4:35 PM
Shareholders of Del Monte Philippines, Inc. (DMPI) are planning to raise up to P44 billion through an initial public offering of shares they own that are equivalent to 28.75 percent of the company.
Based on the registration statement filed with the Securities and Exchange Commission,publicly-listed Del Monte Pacific Ltd. (DMPL) owns 87 percent of DMPI through Central American Resources, Inc. (CARI) while SEA Diner Holdings (S) Pte. Ltd. owns the balance of 13 percent.
DMPL and SEA Diner intend to offer up to 15 percent and up to 10 percent of their stake in DMPI, respectively, for a combined offering of up to 25 percent or 699.33 million DMPI shares. ....

Republic Of , United States , The Philippines , Morgan Stanley Asia , Del Monte Pacific Ltd , Credit Suisse Singapore , Acquisition Links Inc , Exchange Commission , Diner Holdingss Pte , Central American Resources Inc , Capital Corporation Of The Philippines , Capital Investment Corporation , Capital Corporation , Shareholders Of Del Monte Philippines Inc , Del Monte Philippines , Del Monte Pacific , Central American Resources , Offer Shares , Stanley Asia , Joint Global Coordinators , Investment Corporation , Joint Local Lead Underwriters , Asian Mergers , Acquisition Links , குடியரசு ஆஃப் , ஒன்றுபட்டது மாநிலங்களில் ,