Mynt prices IPO at PHP 6.60, targeting $7bn valuation

Mynt has set its IPO price at PHP 6.60 per share and plans to raise up to PHP 60.9 billion. The listing values the company at $7 billion. Its shares are expected to begin trading on the Philippine Stock Exchange on 20 October.
Mynt has fixed its initial public offering price at PHP 6.60 per share. The company aims to raise as much as PHP 60.9 billion through the listing, which would value it at $7 billion. Its shares are expected to start trading on the Philippine Stock Exchange on 20 October. The pricing and fundraising target are now set ahead of that debut. The move places Mynt among companies seeking capital through a Philippine exchange listing.
The listing could affect Filipino investors, Mynt's stakeholders, and the local exchange. It may widen public attention to equity ownership and influence confidence in future Philippine listings. If the shares trade actively, market liquidity and sentiment could shift; if not, caution may grow. The