^
+ Follow ORGAVYL CHEMICAL INDUSTRIES Tag
ORGAVYL CHEMICAL INDUSTRIES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 144497
                    [Title] => Glue maker makes successful debut at PSE
                    [Summary] => Federal Chemicals Inc., a local glue manufacturer, debuted to a warm reception at the Philippine Stock Exchange (PSE) yesterday as its stock closed slightly higher from its initial public offering (IPO) price.


The adhesive and sealant maker opened at a high of P7.40 per share in intra-day trading and only went as low as its IPO price of P7 each. At the end of the session, FedChem closed 10 centavos higher at P7.10.
[DatePublished] => 2001-12-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 144379 [Title] => FedChem stocks listed at PSE today [Summary] => Adhesive and sealant manufacturer Federal Chemicals Inc. will list its shares today at the Philippine Stock Exchange (PSE), making it only the third issue to brave the stock market this year.

Wrapping up its initial public offering (IPO), FedChem will list a total of 37.5 million of its outstanding shares out of which 12.508 million shares were offered to the public at P7 each.
[DatePublished] => 2001-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 135298 [Title] => Federal Chemicals sets IPO [Summary] => Adhesive and sealant maker Federal Chemicals Inc. will be the third company to undertake an initial public offering (IPO) this year following the approval of its registration by the Securities and Exchange Commission.

Based on its IPO application, FedChem will offer 12.508 million common shares priced between P6.50 to P7.50 each. This will raise a much as P93.75 million in fresh capital which the company will use to finance the direct importation of its raw material requirements and for additional working funds.
[DatePublished] => 2001-10-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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