GCash gets SEC nod for blockbuster P92.3-B IPO

Inquirer.net 4 h Philippines

MANILA, Philippines — GCash operator Mynt Inc. has secured the corporate regulator’s approval for its initial public offering (IPO) of up to P92.32 billion, becoming the first company to benefit from relaxed public float requirements for large issuers. On Friday, the Securities and Exchange Commission (SEC) said its commission en banc had resolved to render effective

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