PLDT data centre unit Vitro files for PHP 24 billion REIT IPO
PLDT has announced that its data centre subsidiary Vitro, has submitted a registration statement and Real Estate Investment Trust plan to the Philippine Securities and Exchange Commission, alongside a listing application on the Main Board of the Philippine Stock Exchange. The initial public offering consists of a secondary offering sponsored by ePLDT, comprising up to 1.9 billion secondary common shares with an over-allotment option of up to 286,956,500 additional shares, priced at up to PHP 11 per share.