Electronics maker Cal-Comp delays $125m Philippine IPO due to market conditions

Nicanor Reyes Street, Manila, Philippines. Photo by Gerald Diño on Unsplash

Consumer tech firm Cal-Comp Technology (Philippines), a member of Taiwanese technology conglomerate New Kinpo Group (NKG), has announced that it has decided to delay its P6.77 billion ($125 million) initial public offering (IPO) due to market conditions.

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