GCash prices Philippines’ biggest-ever IPO at P6.60 per share
The IPO now moves to its October 6 to 12 public offer period, when retail investors will be able to subscribe to shares at the P6.60 price
The IPO now moves to its October 6 to 12 public offer period, when retail investors will be able to subscribe to shares at the P6.60 price
Millions of Filipinos already trust GCash to move their money. The IPO asks whether they should trust it with their investment capital.
GCash’s incoming record-setting IPO hints at a stock market opening itself to asset-light enterprises, but is still far from embracing high-growth tech
From the world’s biggest asset manager to the World Bank’s private sector investment arm, GCash has already secured about P36.5 billion in cornerstone commitments ahead of its October 6-12 IPO offer period