I got this message again from my COL account
Offer Price: P4.20/ share
Minimum Subscription: 1000 shares and thereafter, in multiples of 1000 shares
Offer Period: November 25 to November 30, 2010 – 12:00 Noon
COL End of Offer and Payment: November 30, 2010
12:00 Noon
Tentative Listing Date: December 9, 2010
Payment Terms: 100% due upon subscription not later
than November 30, 2010 12:00 Noon
INITIAL PUBLIC OFFERING FOR IP CONVERGE DATA
CENTER, INC.
Please be informed that the Board of Directors of The Philippine Stock Exchange, Inc. approved on October 20, 2010, the application of IP CONVERGE DATA CENTER, INC. (CLOUD or the Company) for the initial listing of 181,866,669 common shares, with a par value of P1.00 per share under the Second Board of the Exchange consisting of the following:
a.136,400,002 common shares, representing the issued and outstanding shares of the Company prior to the Initial Public Offering (IPO) of the Companys shares; and
b.45,466,667 common shares, representing the common shares to be offered to the public on a primary basis.
a.136,400,002 common shares, representing the issued and outstanding shares of the Company prior to the Initial Public Offering (IPO) of the Companys shares; and
b.45,466,667 common shares, representing the common shares to be offered to the public on a primary basis.
THE OFFER
Offer Price : Php4.20 per share
Minimum : 1000 shares, and thereafter in multiples of
1000 shares
COL Offer Period : November 25 to November 30, 2010
12:00 Noon
COL End of Offer and Payment : November 30, 2010
12:00 Noon
Tentative Listing Date : December 9, 2010
Payment Terms : Full payment on or before November
30, 2010
Important:
Due to the limited number of shares available,
subscriptions are not guaranteed which may force us
to raffle minimum lots. We encourage clients to
subscribe through the Local Small Investors (LSI)
Program, for details, click here.
For interested subscribers, please subscribe online by
clicking here. Deadline for subscription requests and
payment is on November 30, 2010 12:00 Noon.
NOTE: COL shall not process subscription requests for
accounts that fail to provide adequate funding given the
deadline of the payment on November 30, 2010.
Please be guided accordingly.
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