PrimeTime lists on Stock market

The listing follows the closure of the company's Initial Public Offer (IPO), which was over subscribed by 325 percent, last Friday. Only six million linked units were on offer, but there was enormous interest in the stock as total applicants amounted to over 19.7 million units.

Eighty-six million units were initially in issue, but 80 million were taken up by a private placement through institutional investors, leaving 6 million units available to the public at a price of P1.25 each.