Philippine supermarket operator AllDay Mart files to raise $119m in IPO

Philippine supermarket operator AllDay Mart files to raise $119m in IPO

Photo by Igor Ovsyannykov on Unsplash

Philippine supermarket operator, AllDay Marts Inc, has filed for an up to 6 billion pesos ($119 million) initial public offering (IPO), the corporate regulator said on Wednesday, adding to a robust pipeline of share sales on the country’s bourse.