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Monde Nissin slashes IPO price to P13.50 a share


     
With the lower offering price, the offering size is now at a maximum of P55.89 compared to the P72.45 billion it would have raised at its earlier indicated price.
Monde Nissin Corporation is offering 3.6 billion primary shares and up to 540 million over-allotment option shares.
The offer period of Monde Nissin is scheduled on May 24 to 28, 2021 while its tentative listing date is on June 7, 2021.
The IPO proceeds will be used for capital expenditures, redemption of a convertible note, and repayment of loans. 
Monde Nissin is the manufacturer behind the popular food brands LuckyMe!, SkyFlakes, Fita, Mama Sita’s, and Dutch Mill, among others. ....

Ramons Monzon , Mama Sita , Monde Nissin Corporation , Nissin Corporation , Monde Nissin , Dutch Mill , Asia Pacific Branded Food , Beverage Business , Meat Alternative , ராமன்கள் மொந்ஸாந் , மாமா சீதா , மோந்டே நிசின் நிறுவனம் , நிசின் நிறுவனம் , மோந்டே நிசின் , டச்சு ஆலை , ஆசியா பெஸிஃபிக் பிராண்டட் உணவு , பானம் வணிக , இறைச்சி மாற்று ,