THE Securities and Exchange Commission (SEC) has given the green light to Cebu Landmasters, Inc. and Eagle Cement Corp. (ECC) to conduct their initial public offerings (IPO) on the local market.
In a statement on Friday, Cebu Landmasters, Inc., (CLI) a Cebu-based property developer, said it has obtained SEC clearance for its P3.8-billion IPO, proceeds of which will be used to support its expansion plans.
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