The Securities and Exchange Commission (SEC) has given its approval to the planned market debut of tuna canner Century Pacific Food Inc. (CPFI), which plans to raise as much as P3.3 billion from an initial public offering (IPO).
Documents from the SEC revealed that CPFI, the country’s largest canned food manufacturer behind popular brands like Century tuna, 555 sardines and Argentina corned beef, has obtained regulatory approval to proceed with its IPO.
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