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A Look at Initial Public Offers in 2013

The Philippine Stocks Exchange expects a total of nine public listings for this year.



Philippine Business Bank (PBB)
Sector - Financials (Bank)
Initial offer price - P31.50 (Feb. 19)
All time high - P38.85 (Mar. 5)
All time low - P21.85 (Aug. 28)

PBB is a savings bank which focuses on corporate and small and medium enterprise markets. It provides close to a full range of banking services and products including cash management, retail and corporate lending, deposit products, international trade finance, treasury and trust products. Trade price now ranges from P24 to P24.60.

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This post first appeared on Buffett In The Philippines, please read the originial post: here

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A Look at Initial Public Offers in 2013

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