Stay updated with breaking news from First Metro. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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)…
* 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 Southeast Asia in terms of fundraising and market activity, is shaping up to be the region’s biggest ...