AS part of its fund-raising activities, Del Monte Pacific Ltd. (DMPL) has priced a follow-on offering of 5.5 million common shares at P17 per share.

In a disclosure to the Philippine Stock Exchange (PSE), DMPL said its board of directors approved the follow on price at P17 per share, which will raise P93.5 million in fresh funds through the sale of 5.5 million primary shares.

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