MANILA, July 3 (Reuters): Capital raising activities in the Philippines' stock market are expected to reach around US$4 billion this year, as a slew of companies make their public debuts to fund expansion, the bourse operator's president has announced.
Consumer firms and newly launched real estate investment trusts (REITs) are set to transform the bourse, a historical regional laggard, into South-East Asia's biggest market for initial public offerings (IPOs) this year.
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