INFORMATION technology firm AudioWav Media Inc. has pushed back its planned initial public offering (IPO) to March from late February as the company is still in the process of securing regulatory approvals from the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE).
AudioWav President and Chief Executive Officer Carlos Hinolan said the IPO will happen in March and is expected to raise up to P2.67 billion in fresh funds for the company.
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