The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil "Nicky" Franco noted that another... read full story
"So basically, that really precludes SM Prime infra which are looking to raise about a billion dollars for SM REIT and Prime Infra which is a very large number as well,"