Brief: Del Monte Pacific Says Del Monte Philippines Delays IPO

Del Monte Pacific

03/08/2021 19:03

Aug 3 (Reuters) - Del Monte Pacific Ltd  DMPL.SI :
    * DEL MONTE PHILIPPINES INC DELAYS ITS INITIAL PUBLIC
OFFERING
    * DELAYS INITIAL PUBLIC OFFERING DUE TO VOLATILE MARKET
CONDITIONS
    * DECIDED TO DELAY INITIAL PUBLIC OFFERING OF ITS SUBSIDIARY
ON
PHILIPPINE STOCK EXCHANGE
    * BOARD REMAINS COMMITTED TO LISTING DMPI
    * WILL CONTINUE DISCUSSIONS WITH POTENTIAL INVESTORS AND
STRATEGIC
PARTNERS THAT HAVE EXPRESSED INTEREST DURING IPO PROCESS
    * AMIDST SURGE OF COVID-19 CASES IN PHILIPPINES & IN REGION,
PSE
HAS BEEN HIGHLY VOLATILE IN RECENT WEEKS

Source text for Eikon:  ID:nSN6VY7Cn 
Further company coverage:  DMPL.SI 

 ((Reuters.Briefs@thomsonreuters.com;))