Maynilad adjusts public listing plan
Manila Bulletin
|September 30, 2025
The decision by Maynilad Water Services Inc. to again postpone its ₱45.8 billion initial public offering schedule could be an indication of weaker demand amid adverse market conditions.
"The delay once again could be an indication of a weakerthan-expected demand for the offering, which may also be attributed to the tepid performance of the overall market," said Abacus Securities Corp.
Reyes Tacandong & Co. Senior Adviser Jonathan Ravelas said the delay is not surprising "given the current macroeconomic backdrop," although Chinabank Capital Corporation Managing Director Juan Paolo Colet said "it is just a minor delay."
This story is from the September 30, 2025 edition of Manila Bulletin.
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