The Securities and Exchange Commision has received an application from Asian Mergers and Acquisition Links Inc. for a P260-million IPO, with the company looking to issue to the public 130 million common shares at an offer price of up to P2 apiece.
Asian Mergers and Acquisition is an emerging M&A advisory company engaged in business consultancy with a focus on small and medium enterprises in the Philippines. The company has presence in other countries where it has established subsidiaries like M&A Links Asia SDN. BHD in Malaysia, Asian M&A Links Company Ltd. in Vietnam and an affiliate, Asia M&A Partner Co. Ltd., in Thailand.
The company said the proceeds of the offer will be used for the establishment of subsidiaries in Singapore and Indonesia, additional investments in the Philippines, its affiliate in Thailand and subsidiaries in Vietnam and Malaysia; and the establishment of a subsidiary engaged in the lending business in the Philippines.
Investment and Capital Corp. of the Philippines will serve as underwriter and issue manager for the transaction.
