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Parent company of Philippines' leading e-wallet provider makes stock debut

MANILA: Mynt Inc., the parent company of the Philippines' largest e-wallet provider, GCash, began trading on the Philippine Stock Exchange, Inc. (PSE) on Tuesday (Oct 20).

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菲律宾领先电子钱包提供商的母公司首次公开募股

Mynt Inc.'s IPO raised 60.9 billion pesos, and the Philippine Stock Exchange hailed Mynt's going public as the "largest maiden offering in the local equities market's history." - PDI/ANN

MANILA: Mynt Inc., the parent company of the Philippines' largest e-wallet provider, GCash, began trading on the Philippine Stock Exchange, Inc. (PSE) on Tuesday (Oct 20).

Shares closed at its initial public offering (IPO) price of 6.60 pesos (about US$0.105) apiece on its market debut. Its IPO raised 60.9 billion pesos, and the PSE hailed Mynt's going public as the "largest maiden offering in the local equities market's history."

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