MANILA, Philippines —  Cebu-based Aznar Shipping Corp. is seeking to raise P737 million through an initial public offering (IPO) to expand its fleet and shipping operations across the Visayas. The shipping operator has filed a registration statement with the SEC to sell up to 1 billion primary common shares, plus an option for 100 million secondary shares. READ: Aznar Shipping readies purchase of 3 ships from China Meanwhile, the company plans to schedule the offer period from Dec. 1 to 8, pending regulatory approvals and market conditions. Likewise, Aznar Shipping is targeting a Dec. 18 listing on the Philippine Stock Exchange’s […]...

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