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Maynilad targets July 10 listing for Phl's biggest public offering
The Philippine Star
|March 18, 2025
Maynilad Water Services Inc. is eyeing to list in the local bourse by July following the conduct of what could be the country’s largest initial public offering (IPO).
Hong Kong-based investment holding company First Pacific Co. Ltd. said that the indicative timeline of Maynilad’s IPO targets an offer period from June 25 to July 2, 2025.
Its listing on the Philippine Stock Exchange (PSE), on the other hand, is eyed on July 10.
Maynilad is a Philippine affiliate of First Pacific, which is led by business titan Manuel V. Pangilinan.
Maynilad yesterday filed a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) for its proposed IPO.
The planned P49-billion IPO of the company’s common shares was approved by its board last week.
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