Volatile market conditions spurred by huge and frequent interest rate hikes, scorching inflation, and weakening peso could set back the timetable of companies planning to debut at the stock market.
Upson International Corporation, the leading retailer of personal computers and IT-related merchandise in the Philippines, has decided to postpone its P4.34-billion initial public offering to the first quarter of 2023.
In a statement, the firm said its decision to adjust the IPO timetable to refle
Upson International Corp. is rescheduling its planned initial public offering to the first quarter of 2023 instead of September this year as originally planned.
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