SEC OKs Converge bond offering, Asia Pacific Medical Center IPO
MANILA - The Securities and Exchange Commission (SEC) has considered favorably the fixed-rate bond offering by Converge Information and Communications Technology Solutions, Inc. and initial public offering by Asia Pacific Medical Center (APMC) Bacolod, Inc. In its March 22 meeting, the commission en banc resolved to render effective the registration statements of Converge covering up to PHP20 billion of bonds under shelf registration, and of APMC Bacolod for up to PHP1 billion of common shares, subject to the companies' compliance with certain remaining requirements. Converge may offer the...
Source: philippinetimes.com