GCash debuts on PSE with record P53-B IPO

MANILA, Philippines — GCash parent Mynt Inc. debuted on the Philippine Stock Exchange (PSE) on Tuesday following a P53-billion initial public offering (IPO), the largest in Philippine history, drawing strong demand from local and institutional investors. Shares opened at their P6.60 offer price under the ticker “GCASH.” READ: GCash IPO: 3 Ways Mynt’s Stock Market Debut