PHILIPPINE tycoon Enrique Razon has delayed the public listing of P28 billion ($474 million) of his infrastructure and energy holding firm to middle of next year because of the market downturn, its underwriter said on Monday.

The initial public offering (IPO) of Prime Infrastructure Capital Inc., originally set for October, could have been the Philippines' largest this year.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details