BERMAZ Auto Philippines Inc. (BAP), local distributor of Mazda vehicles, plans to list its shares on the Philippine Stock Exchange (PSE) in the first half of 2017 with an initial public offering (IPO) of up to P1.24 billion worth of shares.
In a disclosure to the PSE on Wednesday, Berjaya Philippines said its unit BAP has filed its registration statement with the Securities and Exchange Commission (SEC) seeking permission to list on the PSE next year.
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