Sunday 19 May
Dec 21, 2018 @ 20:14

ACE Medical Center Iloilo’s P1.4B IPO gets SEC OK


The Securities and Exchange Commission has greenlighted the planned initial public offering of Allied Care Experts Medical Center Iloilo Inc. which is estimated to raise as much as P1.4 billion.

The IPO involves the sale of up to 36,000 primary shares at a maximum price of P40,000 per share.

Net proceeds from the offering will be used to construct a 200-bed tertiary hospital in Jaro, Iloilo City and acquire medical equipment.

Please follow and like us:

Tags: , , , , ,

Related Stories
Vegan burger upstart Beyond Meat, whose backers include Hollywood star Leonardo DiCaprio and Microsoft founder
The Securities and Exchange Commission has issued a public warning against DV Boer Farm Corp.,
All deals involving 10% or more of a publicly-listed corporation’s total assets are considered material
Elon Musk and US stock market regulators told a US court on Friday that they


Trending News

Copyright © 2019 Bilyonaryo - Latest news on the richest Filipinos and Family Business.