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                    [Summary] => Citystate Savings Bank, a mid-sized thrift bank primarily owned by the Cabangon family, will start off the new year for the Philippine Stock Exchange (PSE) as its stocks get listed this Thursday, Jan. 3.


Although the bank simultaneously held its initial public offering (IPO) with sealant and adhesive maker Federal Chemicals Inc. early last month, it decided to hold off the listing of its shares until this week to, hopefully, make an auspicious kick-off for the local bourse this year, which is expected to recover from its slump to record-lows last year.


                    [DatePublished] => 2002-01-01 00:00:00
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                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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                    [Title] => Thrift bank gets nod for IPO
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of mid-sized thrift bank Citystate Savings Bank (CSB) in its bid to raise as much as P128 million for its expansion.


CSB said it plans to offer 11.1 million new common shares priced between P10.25 to P11.55 each to be listed and traded at the second board of the Philippine Stock Exchange.  The IPO will be lead managed and underwritten by Abacus Capital & Investment Corp.


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                    [Title] => Citystate Savings eyes IPO
                    [Summary] => This year’s first prospective initial public offering (IPO) is in the works with the application of mid-sized thrift bank Citystate Savings Bank to raise as much as P128 million for its expansion.


In a prospectus filed at the Securities and Exchange Commission, CSB said it plans to offer 11.1 million new common shares priced between P10.25 to P11.55 each to be listed and traded at the second board of the Philippine Stock Exchange. The IPO will be lead managed and underwritten by Abacus Capital & Investment Corp.


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                    [Title] => Citystate Savings eyes IPO
                    [Summary] => This year’s first prospective initial public offering (IPO) is in the works with the application of mid-sized thrift bank Citystate Savings Bank to raise as much as P128 million for its expansion.


In a prospectus filed at the Securities and Exchange Commission, CSB said it plans to offer 11.1 million new common shares priced between P10.25 to P11.55 each to be listed and traded at the second board of the Philippine Stock Exchange. The IPO will be lead managed and underwritten by Abacus Capital & Investment Corp.


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CITYSTATE CENTER BUILDING

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                    [Title] => Citystate Bank set to list stocks at PSE this week
                    [Summary] => Citystate Savings Bank, a mid-sized thrift bank primarily owned by the Cabangon family, will start off the new year for the Philippine Stock Exchange (PSE) as its stocks get listed this Thursday, Jan. 3.


Although the bank simultaneously held its initial public offering (IPO) with sealant and adhesive maker Federal Chemicals Inc. early last month, it decided to hold off the listing of its shares until this week to, hopefully, make an auspicious kick-off for the local bourse this year, which is expected to recover from its slump to record-lows last year.


                    [DatePublished] => 2002-01-01 00:00:00
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                    [Title] => Thrift bank gets nod for IPO
                    [Summary] => The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of mid-sized thrift bank Citystate Savings Bank (CSB) in its bid to raise as much as P128 million for its expansion.


CSB said it plans to offer 11.1 million new common shares priced between P10.25 to P11.55 each to be listed and traded at the second board of the Philippine Stock Exchange.  The IPO will be lead managed and underwritten by Abacus Capital & Investment Corp.


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                    [Title] => Citystate Savings eyes IPO
                    [Summary] => This year’s first prospective initial public offering (IPO) is in the works with the application of mid-sized thrift bank Citystate Savings Bank to raise as much as P128 million for its expansion.


In a prospectus filed at the Securities and Exchange Commission, CSB said it plans to offer 11.1 million new common shares priced between P10.25 to P11.55 each to be listed and traded at the second board of the Philippine Stock Exchange. The IPO will be lead managed and underwritten by Abacus Capital & Investment Corp.


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                    [Title] => Citystate Savings eyes IPO
                    [Summary] => This year’s first prospective initial public offering (IPO) is in the works with the application of mid-sized thrift bank Citystate Savings Bank to raise as much as P128 million for its expansion.


In a prospectus filed at the Securities and Exchange Commission, CSB said it plans to offer 11.1 million new common shares priced between P10.25 to P11.55 each to be listed and traded at the second board of the Philippine Stock Exchange. The IPO will be lead managed and underwritten by Abacus Capital & Investment Corp.


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abtest

Citystate Bank set to list stocks at PSE this week

By Christina Mendez | January 1, 2002 - 12:00am

Citystate Savings Bank, a mid-sized thrift bank primarily owned by the Cabangon family, will start off the new year for the Philippine Stock Exchange (PSE) as its stocks get listed this Thursday, Jan. 3. Although...

Business

Thrift bank gets nod for IPO

October 13, 2001 - 12:00am

The Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of mid-sized thrift bank Citystate Savings Bank (CSB) in its bid to raise as much as P128 million for its expansion. CSB...

Business

Citystate Savings eyes IPO

May 23, 2001 - 12:00am

This year’s first prospective initial public offering (IPO) is in the works with the application of mid-sized thrift bank Citystate Savings Bank to raise as much as P128 million for its expansion. In a prospectus...

Business

Citystate Savings eyes IPO

May 23, 2001 - 12:00am

This year’s first prospective initial public offering (IPO) is in the works with the application of mid-sized thrift bank Citystate Savings Bank to raise as much...

Business