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Maynilad concludes stabilization activity for equity offering
Business World Philippines
|December 11, 2025
WEST ZONE water concessionaire Maynilad Water Services, Inc. has concluded its stabilization activities for its P34.3-billion equity offering, nearly a month after its debut on the Philippine Stock Exchange.
In a disclosure to the exchange on Wednesday, the company said UBS AG Singapore Branch, acting as stabilization agent, purchased a total of 144.29 million shares during the stabilization period covering Nov. 7 to Dec. 5.
The stabilization activity, undertaken in connection with Maynilad’s overallotment option, allows the agent to buy shares in the open market to limit excess volatility following a new share sale.
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