Listed conglomerates Ayala Corp. and Cebu-based Aboitiz Equity Ventures Inc. (AEV) are seeking regulatory approval for their respective P10-billion fund raising.
Through a registration statement it filed with the Securities and Exchange Commission (SEC), Ayala formalized its intent to raise P10 billion from the offering of up to 20 million preferred Class “B” shares at P500 each share.
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