AgriNurture unit Big Chill plans IPO of up to P600M

FOOD and beverage retailer The Big Chill Inc. (TBCI), a subsidiary of food exporter AgriNurture Inc. (ANI), is seeking to raise P500 million to P600 million from the stock market through an initial public offering (IPO) this year.

In a statement on Monday, ANI said the planned market debut of TBCI will enable it to expand to the greater China Region as it leverages on improved bilateral relations between Manila and Beijing.