DUAL-LISTED fruit canner Del Monte Pacific Ltd.’s (DMPL) dollar-denominated securities debuted on the Philippine Stock Exchange (PSE) on Friday after an oversubscribed follow-on offering that raised $200 million for the company.

“After much anticipation from the market, DMPL’s preference shares were finally made available to the public on March 22, and performed quite well during its limited offering period at 33.3 percent oversubscription,” DMPL said in a statement.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details