MANILA, Philippines — Business consultancy firm Asian Mergers and Acquisition Links Inc. (AMAL) is planning to debut on the small, medium, and emerging (SME) board of the Philippine Stock Exchange to raise as much as P260 million to expand its footprint across the region.
Based on a registration statement filed at the Securities and Exchange Commission dated April 19, AMAL plans to sell as much as 130 million common shares at an offer price of up to P2 per share.
This will bring to public hands about 25 percent of the company’s ownership after the stock market debut.
Local investment house Investment & Capital Corp. of the Philippines (ICCP) has been mandated as the underw…
Keep on reading: Deal-maker AMAL seeks P260 million IPO