AllDay Marts slashes its offer price by 25%

Published by
Philippine Star

Merkado Barkada October 14, 2021 | 9:08am The Villar Family’s grocery store chain, __AllDay Marts [ALLDY 0.60 pre-IPO]__, is [heading to market at P0.60/share](https://edge.pse.com.ph/openDiscViewer.do?edge_no=57ab751d74427e795d542af6f1e997b9), down 25% from the P0.80/share maximum price that is used in its draft prospectus. The announcement confirmed the number of shares to be sold (6,857,143,000 primary shares and up to 685,714,000 secondary option shares, for a total of 7,542,857,000 shares) but did not provide any further context to the IPO. The revised pricing reduces ALLDY’s poten…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *