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Philippine fuel retailer Top Line sets IPO price, aiming to raise up to P732.6M for expansion.
Top Line Business Development Corp., a Philippine fuel retailer, set its IPO price at P0.31 per share, aiming to raise up to P732.6 million.
The funds will be used for expanding fuel stations and logistics.
The company's offering includes 2.15 billion primary shares and up to 214.84 million secondary shares.
Top Line plans to list on the Philippine Stock Exchange on April 8, 2025.
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El minorista de combustible filipino Top Line fija el precio de la OPI, con el objetivo de elevar hasta P732.6M para la expansión.