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Tag: ipo

  • Ayala, MUFG investments to boost GCash’s planned IPO — analysts

    THE FRESH investments by Ayala Corp. (AC) and Japan’s Mitsubishi UFJ Financial Group (MUFG) in Globe Fintech Innovations, Inc. (Mynt) may help enhance GCash’s operational capabilities and stimulate investor interest in its planned initial public offering (IPO), according to analysts.

  • Philippines ranks 4th in Southeast Asia for IPO proceeds in first half

    THE PHILIPPINE STOCK Exchange (PSE) ranked fourth in Southeast Asia for proceeds generated from initial public offerings (IPOs) in the first half of the year, according to a report by multinational professional services network Deloitte. “Despite only having two new listings during the first half of 2024, the Philippines’ capital…

  • Maynilad starts IPO preparations, eyes 2026 listing

    WEST ZONE concessionaire  Maynilad Water Services, Inc. has started preparations for an initial public offering (IPO), aiming for a listing by 2026 at the earliest, the company’s president said. “It has to happen on or before January of 2027, so we’re looking at anywhere between after the elections or early…

  • Possible SCTEx stake seen to strengthen MPTC’s planned IPO

    THE offer from the Pangilinan-led Metro Pacific Tollways Corp. (MPTC) to acquire the government’s stake in the Subic-Clark-Tarlac Expressway (SCTEx) may help attract more investors to the company’s planned merger with San Miguel Corp. (SMC), analysts said. “SCTEx is an attractive infrastructure asset, especially given the development in the areas…

  • Asialink Finance plans IPO by 2028

    ASIALINK Finance Corp. (Asialink) is gearing up to conduct an initial public offering (IPO) by 2028, its chief executive officer said on Wednesday. In preparation for this milestone, the finance company is working to strengthen its financial standing, Asialink Chief Executive Officer Robert B. Jordan, Jr. said during a briefing.…

  • OceanaGold PHL sets final IPO price at P13.33

    OCEANAGOLD Philippines, Inc. (OGPI) announced on Wednesday the final offer price for its upcoming initial public offering (IPO) at P13.33 per share, falling below the upper estimate of P17.28 per share projected by its parent company OceanaGold Corp. The IPO will consist of 456 million secondary common shares, with the…