‘Mega’ IPOs to Drive Bumper Year on Philippines Market, CEO Says

A number of “mega” initial public offerings will drive fundraising to a standout year on the Philippines Stock Exchange, Chief Executive Officer Ramon Monzon said.

Fintech firm GCash is on track for an IPO, while rival Maya will debut in the market and a data center operator is also planning to list, Monzon said, without specifying the company. There are also large listing candidates in the renewable energy and mining industries, he said, without naming them.