date:Apr 14, 2014
Philippine canned food manufacturer Century Pacific Food Inc on Thursday set a price range of P12.50-P14.50 per share for its upcoming initial public offering.
Century Pacific Food may raise as much as P3.33 billion ($74 million) in the country's second IPO this year. Proceeds from the sale will be used to fund the company's expansion.
The offer consists of 229.65 million primary shares, according to an offering memorandum from the Philippine Stock Exchange.
The week-long offer period starts