Metro Retail Stores Group Inc.

Retail Asia12/08/2016

The Gaisano family’s Metro Retail Stores Group Inc. (MRSGI) is pouring in P10 billion to double the size of its network in the next five years. The plan is to increase the network to 800,000 square meters in terms of gross floor area. So far, the company has already secured about 40 percent of the […]

Retail Asia11/11/2015

Philippine supermarket and department store chain Metro Retail Stores Group Inc said its initial public offering (IPO) was priced at a steep discount of 35 percent due to market volatility, cutting the expected proceeds from its listing to $86 million. The offer price was set at 3.99 pesos each, down by a third from the […]

Retail Asia15/10/2015

The Securities and Exchange Commission (SEC) on Friday approved two initial public offering (IPO) plans worth a combined P10.82 billion. In a special meeting, the corporate regulator greenlighted construction firm Datem, Inc. and Gaisano’s Metro Retail Stores Group, Inc.’s bids to raise P4.65 billion and P6.17 billion, respectively, by going public. The IPO plans still […]

Tag: Metro Retail Stores Group Inc.

Metro Retail to invest P10 B to double network

Philippines’ Metro Retail IPO priced below guidance

Datem, Metro Retail Stores IPO plans okayed by SEC