FSG raises P36 m from investors

The company which will become the first funeral services firm to list on the bourse had availed 36 million shares at P1 per unit to be taken up by both members of the public and institutional investors.

"All applicants who applied for up to 3,000 shares got a full allocation, thereafter, those who applied for shares in excess of 3,000 shares received the number plus their pro rata amount of the remaining shares," said a statement from FSG directors.