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Economy 1 MIN READ

BRIEF-San Miguel Corp Confirms Bank Of Commerce Expects To Raise 3.2 Bln Pesos From IPO

December 9, 2021By Reuters
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Dec 9 (Reuters) – San Miguel Corp SMC.PS:

  • CONFIRMS AFFILIATE CO BANK OF COMMERCE EXPECTS TO RAISE 3.2 BILLION PESOS FROM IPO

  • BOC HAS FILED LISTING APPLICATION & OTHER DOCUMENTS TO PSE WHICH IS CURRENTLY UNDER REVIEW

  • IPO TO BE CONDUCTED TO COMPLY WITH C. BANK REQUIREMENTS FOR ISSUANCE OF A UNIVERSAL BANKING LICENSE

Source text for Eikon: ID:nPSX7TM3Fq

Further company coverage: SMC.PS

(Reuters.Briefs@thomsonreuters.com)

This article originally appeared on reuters.com

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