Casual dining firm Gweilo Corp. is reviving plans for a maiden share sale on the Philippine Stock Exchange (PSE), after an early attempt to have initial public offering (IPO) last year did not materialize.

The Securities and Exchange Commission (SEC) released on Tuesday a registration filing of Gweilo’s IPO application, indicating the firm’s intent to raise P125 million from a maiden offer of 125 million common shares priced at P1 per share. After the IPO, the company would have a public float level of 38 percent.

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