DOMESTIC retail buyers snapped up the P12 billion desired shares provided by indexed conglomerate GT Capital Holdings Inc., according to one of the joint underwriters of the observe-on offering.
BPI Capital Corp. Said that on the near of the offer period on Friday, the share sale became “fairly oversubscribed” by means of more than one instances, “pushed by home call for, with retail greater dominant than institutionals.” It did no longer provide unique figures.
BPI Capital is one of the joint underwriters of the transaction together with First Metro Investment Corp. And BDO Capital & Investment Corp.