HOME improvement and construction supplies retailer Wilcon Depot Inc. is planning to list on the Philippine Stock Exchange (PSE) in March next year to raise up to P7.9 billion to fund its expansion plans and refinance existing debt obligations as well as other general corporate purposes.
In a prospectus filed with the Securities and Exchange Commission (SEC), Wilcon said it intends to sell 1.39 billion primary shares via an initial public offering (IPO) at an estimated price of up to P5.68 each.
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