MANILA - The Securities and Exchange Commission (SEC) has considered favorably the maiden share offering by Medilines Distributors Incorporated and a follow-on offering by Sta. Lucia Land, Inc. In its meeting on October 12, the commission en banc resolved to render effective the registration statements of Medilines and Sta. Lucia Land covering 2,750,000,800 common shares and 3 billion common shares, respectively, subject to certain remaining requirements. Medilines will offer to the public up to 550,000,000 primary common shares priced up to PHP2.45 each, plus a secondary offering of up to 275...