AllHome prices $249m IPO low, but finds strong demand

Jonathan Breen

September 27, 2019 09:30 AM

houseconstruction_pa_230x153 — Black workers, moonlighting, workers, construction workers, construction industry, newly built apartment in Gronsdorf in the district of Muenchen, housing, building, real estate, Eigenheimtumswohnung.Neubau ,, Housing, rented apartment, rent, building boom, apartment building, commercial property, build, construction, construction, real estate, real estate, Construction industry, urban conurbation, construction site, scaffolding, shell construction. | usage worldwide | FrankHoermann/SVEN SIMON/DPA/PA Images

AllHome Corp, a home building and furnishing materials company, priced its Ps12.9bn ($248.8m) IPO this week, riding a wave of local and international demand for its high growth story.

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CITIC Securities Credit Suisse Equity IPOs UBS Equity Philippines Asia Southeast Asia Asean Asia Pacific Emerging Markets

JB

Jonathan Breen

Equities editor GlobalCapital Asia