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Figaro Coffee Reduced IPO Price to P0.75 Per Share

 


A pioneering home-grown player in the Philippine coffee shop industry, Figaro Coffee Group Inc. has reduced its initial public offering to P0.75 per common share from its initial indicative price of P1.28 per share. Its offer period starts on 10 January 2021 and ends on 14 January 2021.

Prior to its public listing, Figaro is a wholly-owned subsidiary of Figaro Coffee Systems, Inc., which has at least 28 years of presence in the Philippine industry.

(Read the full report in Business Mirror.)

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