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GCash operator said to be eyeing record P92.3B IPO

June 27, 2026
Source: manilatimes.net manilatimes.net
News Snapshot:
MYNT Inc., the operator of mobile wallet GCash, is preparing what could become the Philippines' largest initial public offering (IPO) with plans to raise as much as P92.3 billion, reports said on Friday. Market observers said an offering of that size could be absorbed by investors provided the company is reasonably valued, although they noted that key details such as the mix of shares, cornerstone investors and the use of proceeds remained crucial."A combination of foreign and domestic liquidity can absorb the offer size. As long as the valuation is reasonable and the fintech story remains bright, then this mega-IPO...
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