Read this in The Manila Times digital edition.
TOP Line Development Corp. has moved its planned initial public offering (IPO) to later in the year and also slashed the size and price, given current market conditions.
The Cebu-based fuel retailer, which last November said it was rescheduling the IPO — originally set to be held before the end of 2024 — to sometime in the first quarter of 2025, on Wednesday said it was now looking at a second quarter listing following talks with institutional investors.
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