DITO CME proceeds with follow-on offer

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DITO CME Holdings Corp. has begun a follow-on offering (FOO) of more than 1.95 billion primary common shares after securing Philippine Stock Exchange approval of a change to the offer period.

The Dennis Uy-led company told the bourse in September that it wanted to move the offer period from Sept. 26 to Oct. 2, 2024, saying that investors had asked for more time to conduct evaluations.

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