Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Instant noodle maker
Stock Market

Instant noodle maker Monde Nissin is preparing for an IPO

04.12.2021
2 min read

Monde Nissin’s IPO could be the largest in Philippine history

Startup Monde Nissin is planning an initial public offering in the Philippines. The representatives plan to raise about $1.3 billion. Analysts are already saying that this IPO could be the largest in the country.
Monde Nissin is a manufacturer of instant noodles, which are very popular in its home country. The company wants to market 3.6 billion shares at 17.5 pesos per paper. If necessary, the startup is ready to place an additional 540 million shares. The proceeds will be used to repay capital expenditures of the business, loans, as well as the development of production lines and improvement of technology for the production of Monde Nissin.
The company’s best-known product is Lucky Me! noodles, but the range also includes cookies, muffins, crackers and others. In addition to Lucky Me!, the company’s portfolio includes Nissin, Bingo Voice, Monde and Bingo. Since 2000, Monde Nissin has ranked among the top 50 corporations in the Philippines in terms of revenue.
The manufacturer has been in the market since 1980, originally called Monde Denmark Nissin Biscuit. Its first products were waffles and pre-packaged pastries. In 1989 the company launched Lucky Me! noodles which quickly became the most popular product and sales leader in this segment of food products. In 1991, this range was expanded to include a version of dry noodles that can be fried, which was the first such product in the Philippines. Four years later, they launched a dish in a cup that didn’t need to be cooked.In addition to noodles, the company is known for its cookie business. In 2001, Monde Nissin acquired MY San Biscuit, which produced a variety of baked goods. The new owners expanded the product line to include cookies in different flavors and snacks. The real breakthrough in the Philippine market was the introduction of the Voice Combo Cracker product in 2005. It is a cookie that can be used to create sandwiches and waffles by adding a variety of toppings. A year later, the company introduced two more new products, they were Voice Pops, a sandwich with cream and lollipops, and a drink based on Dutch Mill yogurt.
In 2010 Monde Nissin released condiments, sauces and culinary additives, a year later bakery products appeared under the Monde brand.
The company regularly expands its product range, expanding its position in the Philippine market and supplying goods to 30 countries around the world. Subsidiaries operate in Australia and Thailand. Monde Nissin also owns Quorn Foods, an artificial meat manufacturer from Great Britain.

Tags: Stock Market
0
Previous Post What is the reason for monetary policy tightening in China Next Post How the IPO boom is dangerous for the market: the opinion of Finam analyst

You Might Also Like

Tesla plant
Stock Market
Where will the first Tesla plant in Europe be located?
20.09.2020
Global financial services
Stock Market
World financial services and public literacy
12.07.2020
The Honest Company
Stock Market
The Honest Company plans to go public this year
13.01.2022
Tencent Company
Stock Market
Tencent company pressed Facebook and became the leader of the social networks segment
08.04.2021
crypto industry has seen an increase in cybercrime
Stock Market
The Crypto industry records record growth in cybercrimes
02.07.2022
Airplane duties
Stock Market
The US imposes duties on aircraft from Europe
09.11.2020

Recent Posts

  • 1debenture
    Debenture: features of unsecured bonds
    20.03.2023
  • 2green energy
    Bank of America: India’s green energy sector could receive a $10 billion investment
    19.03.2023
  • 3Huobi
    CryptoQuant: net reserves of cryptocurrency Huobi – only 56.6%
    18.03.2023
  • 4AARRR
    The AARRR model: how to help the consumer take action
    17.03.2023
  • 5L3Harris
    L3Harris Technologies acquires rocket engine manufacturer Aerojet Rocketdyne
    16.03.2023

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Experts: it’s too early to talk about a rally in the EM market

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Latest Posts

Meta Platforms
Meta Platforms: characteristics of the structure of one of the most expensive technology companies
21.03.2023
debenture
Debenture: features of unsecured bonds
20.03.2023
green energy
Bank of America: India’s green energy sector could receive a $10 billion investment
19.03.2023

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Experts: it’s too early to talk about a rally in the EM market
  • Russia’s sugar industry is in crisis: causes and solutions
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics