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Ovialand seeks PSE, SEC listing approvals

MASS housing firm Ovialand Inc. has filed with the Philippine Stock Exchange (PSE) and the Securities and Exchange Commission (SEC) for the registration and listing of up to 1.2 billion of its common shares.

This includes an initial public offering (IPO) of up to 336,000,000 primary common shares and up to 24,000,000 secondary common shares. There will also be an over-allotment option of up to 36,000,000 secondary common shares.