Maynilad opens P34-B IPO following SEC nod
West Zone water provider Maynilad Water Services Inc. has begun its initial public offering (IPO) following the Securities and Exchange Commission’s (SEC) approval to sell shares to the public. The offer period, which started Thursday, runs until 29 October, with the company expected to list on the Philippine Stock Exchange (PSE) on 7 November under the ticker MYNLD.
Agencies seal pact upholding integrity in infrastructure bids
The Philippine Competition Commission (PCC) has signed a memorandum of agreement (MOA) with the Department of Public Works and Highways (DPWH) to strengthen coordination in ensuring fair competition and integrity in public infrastructure projects.
DOTr begins demolition at Metrowalk for Ortigas Subway Station
The Department of Transportation (DOTr) has started demolition and fencing works at the Metrowalk property in Pasig City to make way for the construction of the Ortigas Station of the Metro Manila Subway Project (MMSP).
European space units form euro 6.5-B alliance to compete globally
Airbus, Leonardo, and Thales have signed a memorandum of understanding to merge their space activities into a new joint company, aiming to bolster Europe’s strategic autonomy in the critical space sector. This move is set to create a unified European space champion with a strong commercial and technological footprint, spanning telecommunications, navigation, earth observation, science, exploration, and national security.
Maya Stocks simplifies IPO participation for Filipinos
Maya Philippines Inc., a leading all-in-one finance platform, is making IPO participation more accessible to everyday Filipinos through its stock investing feature, Maya Stocks. The platform now offers access to the planned initial public offering (IPO) of Maynilad Water Services Inc. (PSE: MYNLD) via partner brokers DragonFi Securities, F. Yap Securities (2tradeasia), and Philstocks Financial.
