2nd Feb 2008
By Jenniffer B. Austria
Shares of Pepsi-Cola Products Philippines Inc., the first company brave enough to go public this year, fell on its market debut to close at P2.85, down 18.5 percent from its offering price of P3.50 per share.
Pepsi-Cola shares opened lower at P3.30 despite reports that Government of Singapore Investment Corp. bought a 9.5 percent stake in the company. >>>> More
