Calata Corp. debuts at PSE

Posted at 05/23/2012 2:04 PM

Farm supplier Calata Corp. debuted at the Philippine Stock Exchange today. Its chief executive officer, the 31-year-old Joseph Calata, is the youngest person ever to head a publicly-listed company. The company's primary activity is the distribution of farm supplies and inputs.

Proceeds from its initial public offering will be used to support the company's rapid growth and expansion. Calata plans to roll out 100 retail stores in Luzon this year. ANC Dateline Philippines, May 23, 2012

For more on Dateline Philippines, go to
http://anc.abs-cbnnews.com/shows/3/dateline-philippines/