MANILA -- Integrated Microelectronic Inc. will list its shares in the Philippine Stock Exchange later this month, the company said. 

The electronics manufacturing service provider will list a reported P1.27 billion worth of common shares. The shares may be traded but will not be sold immediately. Instead, IMI must hold a public offering within 12 months after the so-called "backdoor" listing.

IMI is a global top 30 EMS company, with sales of mroe than $450 million in 2008. It has not yet reported its final 2009 financials. It is a subsidiary of the Filipino conglomerate Ayala. 

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