EAGLE Cement Corp. and property developer Cebu Landmasters Inc. are listing their shares on the Philippine Stock Exchange this week, a development that analysts say may help boost sentiment in the market.
Eagle Cement sold 575 million shares for P15 per share in an initial public offering (IPO) that was three times oversubscribed, while Cebu Landmasters offered 505 million shares with an overallotment option of 75 million shares at P5 per share.
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