SEC APPROVES AG FINANCE IPO

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The Securities and Exchange Commission (SEC) has given the go-signal for AG Finance Inc. to do its initial public offering (IPO). In a document, the SEC approved the IPO application of AG Finance to offer 68.074 million common shares at a price of up to P1.91 to P2.20 a share. The listing date will be on August 9 with estimated gross proceeds of P130 million to P149 million.
Madelaine B. Miraflor

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