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Cebu Pacific to defer IPO to after the Philippines’ national elections in May-2010

1-Apr-2010 10:40 AM

Cebu Pacific plans to defer its PHP25.7 billion IPO until after the Philippines’ national elections on 10-May-2010 (Reuters/abs-cbnNEWS.com, 31-Mar-2010). The carrier had planned to launch a roadshow on 05-Apr-2010, with shares to be listed from 03-May-2010. New dates were not disclosed.