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Maynilad to cut IPO offer price

October 02, 2025

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The Philippine Star

Maynilad Water Services Inc. is finalizing this week details for its upcoming initial public offering (IPO), with the maximum offer price of the company’s maiden issuance expected to be reduced.

- By RICHMOND MERCURIO

The IPO’s maximum offer price is now seen at P15 per share, lower than the previous P20 per share.

As a result, Maynilad could raise up to P34.3 billion from its IPO eyed next month.

"The progress is promising and we will file the final prospectus by Friday," Maynilad president and CEO Ramoncito Fernandez said.

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