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Cup noodle company Monde Nissin readies $1.3bn IPO


By Jonathan Breen
Philippines-based Monde Nissin has won regulatory approval to launch its IPO next month.
The food and beverage company behind instant noodle brand Lucky Me! is planning to raise as much as Ps63bn ($1.3bn) from an offer of 3.6bn new shares.
Monde Nissin got the go ahead from the Philippines Securities and Exchange Commission on April 23.The issuer has lined up
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Monde Nissin's IPO receives PSE approval


Monde Nissin’s IPO receives PSE approval
23rd April 2021
3 hours ago
ANTARA/Business Wire
Not for Publication or Distribution in the United States, European Economic Area, the United Kingdom, Canada, Japan, and Australia
Makati City, Philippines (Antara/Business Wire)- Monde Nissin Corporation (“Monde Nissin” or the “Company”) today announced it has received the Notice of Approval from the Philippine Stock Exchange (“PSE”) for its proposed initial public offering of its Common Shares (the “Offer”). The PSE approval comes one day after the Company received pre-effective approval from the Philippine Securities and Exchange Commission (“SEC”).
As previously announced, Monde Nissin plans to issue up to approximately 20% of the issued and outstanding capital stock of the Company after completion of the Offer if the overallotment option is not exercised. The Company intends to use the net proceeds from the primary offer to fund Capital Ex ....

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證券署批准Monde Nissin首次公開募股

證券署批准Monde Nissin首次公開募股
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