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Hann Holdings defers PHP13bn Philippine IPO amid weak market conditions

Deals & M&A

Hann Holdings deferred its planned PHP13 billion IPO in the Philippines, notifying the Securities and Exchange Commission and Philippine Stock Exchange. The offer had been scheduled for 9–15 September, with a 23 September listing; the company said it intends to pursue the IPO when market conditions improve.

The postponement delays Hann Holdings’ planned capital raise for investment and corporate purposes.

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