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business.inquirer.net Fruitas gets SEC nod for stock market debut

The Securities and Exchange Commission has approved the application by leading food and beverage kiosk operator Fruitas Holdings Inc. to raise as much as P1.2 billion from a local stock market debut.

In a meeting on Thursday, the SEC en banc issued the pre-effective clearance to the initial public offering (IPO), proceeds from which will fund its store network expansion and improvement alongside…
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