Philippines’ GCash owner gets nod for 92.32bn peso IPO

Debut set for Oct. 20 could make it among most valuable companies on bourse Philippine e-wallet GCash parent Mynt is set to make its market debut on Oct. 20 in what could become the country's largest-ever IPO. (Photo by Yuji Murakami) MANILA — The Philippine Stock Exchange (PSE) has approved what could become the largest initial public offering in the country's history, as Mynt, parent company of digital wallet giant GCash, is expected to raise up to 92.32 billion pesos ($1.4 billion) in its market debut scheduled for Oct. 20.

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