GCash could trigger tech listings

SEC clears Mynt for up to P92.32 billion IPO

The Philippines‘ securities regulator has cleared GCash parent Mynt’s initial public offering that could raise up to P92.32 billion pesos ($1.48 billion), its parent Globe Telecom disclosed on Monday. Here are the details: The Securities and Exchange Commission on Friday approved the offering, allowing Mynt’s IPO, which would be the Philippines‘ biggest if offered at the maximum, […]

GCash could trigger tech listings

MANILA, Philippines — GCash operator Mynt Inc.’s massive initial public offering (IPO) could encourage more Philippine technology companies to tap the stock market, although getting the price right will be crucial to winning over investors. Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said Mynt’s market debut could spur more share sales and fund-raising activities

SEC Approves GCash Parent Mynt’s ₱92.3B IPO Targeted for October 20 Listing

The Philippine SEC has cleared GCash operator Mynt to proceed with its historic ₱92.32 billion IPO on the Philippine Stock Exchange this October.