MANILA/SINGAPORE, Feb 20 (Reuters): A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia's biggest IPO market this year, driven by attractive valuations and a recovering economy.
Investors and bankers say consumer retailers and REITs are lining up record fundraisings that could top US$4 billion in 2021, more than the combined tally of the last seven years, according to Refinitiv data.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!