GCash Parent OKs Stock Split Ahead of IPO - BusinessWorld Online
8 Articles
8 Articles
GCash IPO buzz heats up as operator splits stock
On Tuesday, Globe Telecom Inc. announced that its board and shareholders had approved a stock split transaction for Globe Fintech Innovations Inc. or Mynt. READ: GCash IPO prospects rise with $5B valuation In this transaction, the company will increase the number of its common shares to 71.66 billion from 2.15 billion. However, the par value
GCash parent OKs stock split ahead of IPO - BusinessWorld Online
By Ashley Erika O. Jose, Reporter GLOBE Fintech Innovations, Inc. (Mynt), operator of GCash, has approved a stock split to increase the number of its common shares ahead of its planned initial public offering (IPO). “The board of directors and shareholders of Globe Fintech Innovations, Inc. in their special board meeting and annual stockholders’ meeting held today, approved the proposed stock split reducing the par value of the company’s common …
Philippine SEC Approves First Two Entrants to Regulatory Sandbox
Pluang PH and GCash are the first companies to enter the SEC's new sandbox, allowing them to pilot their platforms in a controlled environment. To continue reading... Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Infor…
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