Property giant SM Prime Holdings, Inc., was planning the country's biggest IPO during the second half of 2023 via the listing of its mall assets to raise about PHP 55 billion. However, 'they [SM REIT] will postpone to next year [but] they will file in the fourth quarter [of 2023],' Philippine Stock Exchange (PSE) president Ramon Monzon said.
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5-day change | 1st Jan Change | ||
26.20 PHP | +0.38% | 0.00% | -20.36% |
Dec. 10 | SM Prime Board OKs Up to PHP10 Billion Share Buyback Program | MT |
Nov. 15 | SM Prime Holdings, Inc. Expands to New Markets with SM Residences | CI |
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