stock market

Mazda car dealer Bermaz seeks P1.24B IPO

Mazda car dealer Bermaz Auto Philippines Inc. has filed an application to launch a P1.24-billion local stock market debut. Based on its prospectus submitted to the Securities and Exchange Commission, Bermaz plans to sell through an initial…

Shell unit eyed for PSEi inclusion

Oil refiner and distributor Pilipinas Shell Petroleum Corp. debuted on the Philippine Stock Exchange Thursday with prospects of high dividends and eventual inclusion in the country’s main stock barometer. “Pilipinas Shell has a very good potential to…