MARKET HEADLINE: SHORT SELLING BY OCTOBER

Golden Bria Holdings Inc.
#1
THE Villar family’s cemetery business arm Golden Haven Memorial Park has set its initial public offering (IPO) price at P10.50 per share, firming up its stock debut size at P778.23 million.

Based on a disclosure to the Philippine Stock Exchange (PSE) on Friday, Golden Haven’s price per share for the IPO had been slashed from the earlier maximum price of P10.62 per share.

The PSE approved the IPO earlier in the week. Asian Alliance Investment Corp. is mandated as the issue manager and sole underwriter for this offering, which will run from June 16 to 22.

Golden Haven was given authority to sell up to 74.117 million new common shares.

Proceeds from the IPO will be used to develop the company’s landbank in Cebu, Iloilo, Cagayan de Oro, Zamboanga, Bulacan and San Exekiel as well as for the acquisition of new land in Iloilo, Bambang (Nueva Vizcaya) and San Fernando, Pampanga.

Golden Haven plans to undertake land and site development of underdeveloped areas in existing memorial parks, pursue more land acquisition as well as construct new memorial chapels and crematory facilities within the Golden Haven Las Pinas Park.

This capital-raising exercise will bring to public hands about 15 percent of Golden Haven’s outstanding stocks after the IPO, during which there will be 494.12 million common shares outstanding.

Golden Haven will be listed on the main board of the Philippine Stock Exchange on June 29.

http://business.inquirer.net/210949/vill...t-p10-50sh


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#2
http://edge.pse.com.ph/openDiscViewer.do...INQSL.dpbs

prospectus here:

http://edge.pse.com.ph/openDiscViewer.do...QfmzO.dpbs

cncya na mejo late ung pag gawa ng thread. akala ko meron na nagawa. hahaha.

goodluck lahat. Smile
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#3
if i subscribe, can i sell my IPO shares on listing date?
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#4
(06-13-2016, 08:22 AM)pearlo Wrote: if i subscribe, can i sell my IPO shares on listing date?

YesSmile
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#5
(06-13-2016, 08:23 AM)Gavh1208 Wrote:
(06-13-2016, 08:22 AM)pearlo Wrote: if i subscribe, can i sell my IPO shares on listing date?

YesSmile

i see. so no lock up or holding period. thank you sir.
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#6
no lock up no holding period none whatsoever
The World is a Vampire . . .
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#7
Magandang mag-invest dito... Hmmm will see..
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#8
in demand ito after maupo ni Duterte Tongue
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#9
boss gavh, balita nio po rito? paano ba magIPO sa philstocks? hehe
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#10
(06-15-2016, 01:00 PM)Onin Wrote: boss gavh, balita nio po rito? paano ba magIPO sa philstocks? hehe

hindi pa ako nakakapag request Boss Onin, balitaan kita bukas. tatawag ako mamaya.
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