Fruitas to use Balai IPO to fund Ling Nam purchase - Philstar.com


7/4/2022 12:00:00 AM2 years 10 months ago
by Iris Gonzales

Fruitas Holdings Inc., the listed food and beverage kiosk operator, will use a portion of the proceeds from the recent initial public offering of its wholly owned subsidiary Balai ni Fruitas to fund its acquisition of legacy brand Ling Nam.

MANILA, Philippines — Fruitas Holdings Inc., the listed food and beverage kiosk operator, will use a portion of the proceeds from the recent initial public offering (IPO) of its wholly owned subsidia… [+1964 chars]

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