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SEC approves P14.92-billion FLI REIT IPO

SEC approves P14.92-billion FLI REIT IPO
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SEC approves SMC, Cirtek's P51.81-B public offerings

SEC approves SMC, Cirtek's P51.81-B public offerings
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SEC greenlights Monde Nissin's initial public offering

SEC greenlights Monde Nissin's initial public offering
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SEC approves DoubleDragon's P14.7-B REIT IPO – Manila Bulletin

Published February 18, 2021, 6:00 AM
The Securities and Exchange Commission (SEC) has approved the P14.71 billion initial public offering (IPO) of DoubleDragon Properties Corporation’s real estate investment trust (REIT).
The SEC En Banc resolved to render effective the registration statement of DDMP REIT, Inc. for 17.83 billion common shares for listing on the Main Board of the Philippine Stock Exchange (PSE), subject to the company’s compliance with the remaining requirements.
Of the total issued and outstanding shares, DDMP will offer to the public up to 5.94 billion common shares currently owned by DoubleDragon, Benedict V. Yujuico and Teresita M. Yujuico.
The selling shareholders have also set aside 594.25 million more shares as an overallotment option. ....

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