SEC clears Tagum Global Medical Center IPO
MANILA - The Securities and Exchange Commission (SEC) has considered favorably the initial public offering (IPO) by Tagum Global Medical Center, Inc. In its meeting on March 1, the commission en banc resolved to render effective the medical center's registration statement covering 156,000 common shares, subject to its compliance with certain remaining requirements. The company will offer 36,000 common shares, equivalent to 3,600 blocks consisting of 10 shares per block. The primary offering is divided into four series, with the first consisting of 1,400 blocks at an offer price of PHP200,0...
Source: philippinetimes.com