NexGen P580-M IPO approved by PSE

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Nexgen Energy Corp. News

The PSE [link] approved the IPO application of NexGen Energy Corporation [XG 1.68 pre-IPO].

. The tentative deal dates have the offer period running from July 1 through July 8, with a listing on July 16. The placeholder offer price will be updated or confirmed today. XG is a subsidiary of ] provides all the information needed to evaluate the deal, which is a firm offer of 300,000,000 primary common shares of XG, and an over-allotment option of 45,000,000 secondary common shares, at a price of P1.68/share, for a total potential deal size of P580 million.

These are bleak times on the PSEi. After teasing a breach of the 6,350 support level for several days, it finally punched... Walang dapat saya­nging oras ang walo sa 15 national athletes na naunang bumiyahe sa Metz, France para sa training camp...

 

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