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Top Line plans P1.5-B share offer
Manila Bulletin
|March 24, 2026
Cebu-based listed firm Top Line Business and Development Corp. is set to raise up to P1.5 billion through a share offering to fund importation and trading activities, among other investments to improve its fuel distribution and retail operations.
In a disclosure to the Philippine Stock Exchange (PSE) on Monday, March 23, Top Line said it has filed its registration with the Securities and Exchange Commission (SEC) to offer up to P1 billion worth of firm shares through 10 million perpetual preferred shares.
The offering will begin on May 19 and run through June 1, while the dividend rate will be specified during the book-building process.
Bu hikaye Manila Bulletin dergisinin March 24, 2026 baskısından alınmıştır.
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