GCash files for IPO, targets Q4 debut

MANILA, Philippines – The company behind GCash has formally launched what could become the Philippines’ biggest stock market debut. In a statement, GCash parent Mynt Inc. said it had filed its registration statement with the Securities and Exchange Commission and applied to list on the Philippine Stock Exchange’s main board for a planned fourth-quarter initial public offering (IPO). READ: GCash targets record P92.3-B Philippine IPO Furthermore, the proposed offering consists of up to 8.03 billion shares, with an overallotment option of up to 1.20 billion additional shares. At an indicative offer price of up to P10 per share and assuming […]... Keep on reading: GCash files for IPO, targets Q4 debut