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                    [ArticleID] => 162761
                    [Title] => Ayala unit mulls IPO to fund expansion projects
                    [Summary] => Ayala Corp. subsidiary Integrated Microelectronics Inc. (IMI) plans to go into an initial public offering of its shares in the local stock market to raise funds for its expansion projects.


IMI group president and chief operating officer Arthur Tan said the company is just waiting for the right time to conduct an initial public offering (IPO). "The IPO is definitely in the pipeline but the stock market must be financially stable before we enter it," he said.


                    [DatePublished] => 2002-05-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Ayala unit mulls IPO to fund expansion projects

May 30, 2002 - 12:00am

Ayala Corp. subsidiary Integrated Microelectronics Inc. (IMI) plans to go into an initial public offering of its shares in the local stock market to raise funds for its expansion projects. IMI group president and...

Business