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May 25, 2021
FLORENCE â First Metro Bank is proud to announce the creation of a new position focused solely on the development, growth, and success of the community bankâs financial literacy program. Jerra Burden will serve as Financial Literacy Coordinator focusing on the Bankâs six student-operated branches inside of local high schools across North Alabama, their involvement in the American Bankers Associationâs âTeach Children to Saveâ program and other relative educati...
May 10, 2021
Monde Nissin draws GIC, Fidelity as cornerstone investors for PH IPO: Report Photo by ikhsan baihaqi on Unsplash May 10, 2021 Monde Nissin Corp is reportedly in talks with a number of investors, including Singapore’s sovereign wealth fund GIC, financial services group Fidelity International, and Hong Kong insurer AIA Group to become cornerstone investors in its initial public offering (IPO) in the Philippines. According to a Bloomberg report, Monde Nissin, which sells Lucky Me! instant noodle...
May 6, 2021
Philippine food maker Monde Nissin Corp has revised its IPO target $1bn after setting the final price of its listing at 13.50 pesos each.
March 15, 2021
BENGALURU (March 15): Philippine shares fell sharply on Monday, as rising Covid-19 cases prompted new local restrictions, while the latest rise in US bond yields quelled appetite for the regions other emerging markets. Stocks in India and China fell more than 1%, while in Southeast Asia, Singapore and Malaysia eked out gains as the US$1,400 direct payments from the US$1.9 trillion US package make their way to households. Yields on US 10-year Treasuries hit 13-month highs above 1.64% on Fri...
March 15, 2021
People wearing masks for protection against the coronavirus disease (Covid-19) pass a mural dedicated to healthcare workers, in Pasig City, Metro Manila. - Reuters SINGAPORE, March 15 (Reuters): Philippine shares fell sharply on Monday, as rising Covid-19 cases prompted new local restrictions, while the latest rise in US bond yields quelled appetite for the regions other emerging markets. Stocks in India and China fell more than 1%, while in South-East Asia, Singapore and Malays...
March 5, 2021
MANILA — The Philippines’ Monde Nissin Corp, maker of the ubiquitous Lucky Me! instant noodles, is looking to raise up to 63 billion pesos ($1.3 billion)…
March 5, 2021
* Monde Nissin to offer up to 3.6 bln shares * IPO set to be country’s largest ever * Philippines companies set for large IPOs this year MANILA, March 4 (Reuters) - The Philippines’ Monde Nissin Corp, maker of the ubiquitous Lucky Me! instant noodles, is looking to raise up to 63 billion pesos ($1.3 billion) through an initial public offering (IPO) that is set to be the country’s largest-ever listing. The company’s filing on Thursday comes as the Philippines, a historical laggard in Sou...