Travellers International Hotel Group Inc., a joint venture between business magnate Andrew Tan and Malaysian gaming tycoon Lim Kok Thay, is proceeding with initial public offering (IPO) that has been delayed due to market volatility.
In a memorandum posted in the Philippine Stock Exchange’s (PSE) website, it was indicated that Travellers is going to proceed with its public offering, after the company decided to postpone it two months ago.
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