Benguet Corp. nickel unit readies IPO

Philippine Daily Inquirer

MANILA, Philippines–Benguet Corp. told regulators on Friday that First Metro Investment Corp. (FMIC) will be acting as financial advisor, issue manager and lead underwriter for the listed miner’s nickel project in Sta. Cruz, Zambales.

Reynaldo Mendoza, corporate secretary of Benguet Corp., said in a disclosure to the Philippine Stock Exchange that its newly created subsidiary for the nickel project will also undertake a public offering and listing in the near future.

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