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Maynilad firms up October IPO date
Manila Bulletin
|August 30, 2025
Maynilad Water Services Inc., a subsidiary of Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC), has put to rest questions on whether its P45.8-billion initial public offering (IPO) will push through by setting a new offering and listing date in October.
Based on the firm's updated preliminary prospectus, the offer will be priced on Oct. 13, 2025, while the offering period will run from Oct. 16 to 22, 2025. Listing at the Philippine Stock Exchange (PSE) will be on Oct. 30, 2025.
Maynilad, which holds the water concession for the West Zone of Metro Manila, has earlier postponed its IPO to “no later than October 2025” to give more time for the entry of strategic cornerstone investors.
The water utility said it has updated its IPO timetable “in response to robust potential demand from strategic cornerstone investors.”
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