Shell prices Philippine unit's IPO at mid-point

Investor demand for Pilipinas Shell Petroleum indicates confidence in the Philippine economy and desire for a rare, internationally recognized IPO in Manila.
Pilipinas Shell receives institutional support for IPO
Pilipinas Shell receives institutional support for IPO

Pilipinas Shell Petroleum is edging closer to listing its shares on the Manila bourse after receiving strong demand from international investors for the institutional tranche of its Ps18.4 billion ($380 million) initial public offering.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media