BUSINESS UPDATE: SEC OKs House Talk IPO, EEI preferred share offer. | via @RalfRivas

rappler.com/business
@RalfRivas Haus Talk will offer 500 million common shares at up to P1.50/share. The shares will be listed and traded on the SME Board of the PSE.

The real estate developer expects to net up to P723 million from the offer. Proceeds will be used for land acquisition, project dev't.
@RalfRivas EEI will offer 40 million non-voting perpetual preferred shares at an offer price of P100, with an oversubscription option of up to 20 million preferred shares.

EEI could net up to P5.948 billion.

Proceeds will be used to partially finance projects, pay loans, capex.
@RalfRivas EEI’s preferred share offer to run from December 9 to 15, in time for the shares’ listing on the PSE on December 24. | via @RalfRivas

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