Philippine Digest: Fruitas eyes $39m IPO; Ayala earmarks $3.9b for expansion

Philippine Digest: Fruitas eyes $39m IPO; Ayala earmarks $3.9b for expansion

Visual from Fruitas' Facebook page

Fruitas Holdings is planning an IPO within the year to raise about Php2 billion while Ayala Corp, one of the country’s biggest conglomerates, is allocating Php200 billion for capital expenditure in 2018.

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