From Nikkei Asia · · 50s
Mynt Goes Public in Manila
Mynt, parent of GCash, lists on Philippine Stock Exchange with $965m IPO.
In brief
Mynt, parent of GCash, lists on Philippine Stock Exchange with $965m IPO. Mynt, the parent company of GCash, listed on the Philippine Stock Exchange with a $965 million IPO, marking the country's largest initial public offering. Originally reported by Nikkei Asia.
Mynt Lists on Philippine Stock Exchange
Mynt, the parent company of popular digital wallet GCash, listed on the Philippine Stock Exchange on Tuesday, marking the country's largest initial public offering.
IPO Value Reaches $965 Million
The listing could generate nearly $1 billion in proceeds, with the IPO priced at 60.9 billion pesos ($965 million).
First IPO This Year
This is the first initial public offering for the Philippine Stock Exchange this year, bringing a welcome jolt to the market.
The takeaway
Mynt, the parent company of GCash, listed on the Philippine Stock Exchange with a $965 million IPO, marking the country's largest initial public offering.
