AYALA-led semiconductor firm Integrated Micro-Electronics Inc. (IMI) expects to push ahead with its follow-on offering anytime soon after its board of directors gave the go signal for the finalization of the terms and conditions of the long-delayed share sale.
In a filing with the Philippine Stock Exchange (PSE), IMI said its board of directors has approved the follow-on offer of its common shares although the company still has to finalize the terms and conditions of the offer.
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