7 months Property firm embarks on first IPO for 2019 MB |Biz
By James A. Loyola The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) have approved the planned P385-million initial public offering (IPO) of Kepwealth Property Philippines, Inc. To be the firms IPO this year, property leasing and asset management firm Kepwealth is aiming to list its shares at the PSE’s Small, Medium, and Emerging Board. “It may have taken some time before we had our first IPO but I am pleased that KPPI is embarking on its maiden share sale. I hope that this move will encourage other companies that pushed back their IPOs to revisit their ... more