The first Philippine company to test the share market since the presidential victory of Rodrigo Duterte runs cemeteries.
Golden Haven Memorial Park Inc., which says on its website that it aspires to be the leader in professional death care, started marketing 778 million pesos ($17 million) of shares on Thursday in an offer that runs through June 22. It’s controlled by Manuel Villar, a former senator who is a political ally of Duterte. Mark Villar, Manuel’s son, is the incoming public works and highways secretary.
