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Mynt Approves IPO Filing for 12% Stake on Philippine Stock Exchange on June 17

2026-06-17 03:34:06

According to Ayala Corporation and Globe Telecom, Mynt (GCash's parent firm) on June 17 approved the filing of an initial public offering (IPO) application with the Philippine Stock Exchange. The board and shareholders authorized the registration statement with the Securities and Exchange Commission.

The company plans to offer 12% of its outstanding capital stock at approximately P0.03 per share. Analysts expect the offering to raise around $1 billion, potentially making it the largest IPO on the PSE to date.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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