The firm listed 1.49 billion primary and secondary shares on the small, medium, and emerging board of the Philippine Stock Exchange . It trades under the ticker BALAI.
In its disclosure on Thursday, the company announced that a total of 37.5 million option shares at 70 centavos apiece were sold during the offer period. Balai Ni Fruitas is a food and beverage company that offers coconut-based beverages and desserts through brands such as Buko Ni Fruitas, Fruitas House of Desserts, and Balai Pandesal. It is a wholly-owned subsidiary of Fruitas Holdings.
Analysts said that the lukewarm reception of the firm’s listing was due to inflation fears amid skyrocketing commodity prices.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação: