MANILA: AllDay Marts Inc, a supermarket chain founded by the richest person in the Philippines, is poised to jump in its trading debut thanks to heavy retail investor interest.
AllDay’s offer was about four times oversubscribed, with the company and billionaire Manuel Villar raising a combined 4.52 billion pesos (US$89mil or RM368.5mil) by selling 7.52 billion shares at 60 centavos (RM0.05) each.
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