Axelum sets final IPO price at P5

By Tyrone Jasper C. Piad

Sep 21, 2019 12:06 am

AXELUM Resources Corp. on Friday further slashed the maximum offer price for its initial public offering (IPO) to P5 per share.

“We feel it [P5] substantially reflects the value of Axelum’s worth while providing an upside for the Filipino investing public,” Axelum Chairman Romeo Chan told The Manila Times in a text message on Friday.

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