Philippines' first billion dollar IPO seeks to tap into meat alternative boom; govt to continue using AstraZeneca vaccine despite concerns

SINGAPORE/MANILA, March 12 (Reuters): Food maker Monde Nissin Corp is aiming to list its shares in the first half of this year, in the Philippines' first billion dollar IPO, sources said, as the company hopes to attract investors to its expanding overseas meat alternative business.

Last week, Monde Nissin filed for an initial public offering (IPO) that could raise up to 63 billion pesos ($1.3 billion) at the top end of an indicative price range, kicking off what is expected to be a record year of fundraising for local firms.