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Equities trader CTS Global plans P1.4-billion IPO
International stocks trader CTS Global Equity Group, Inc. is aiming to raise as much as P1.4 billion through an initial public offering to scale up its operations.
The Securities and Exchange Commission said CTS Global filed its registration statement last December 14 for the IPO of 1.375 billion common shares at an offer price of P1 per share. Read the full story here.