Ayala Corp Placement - While Overhang Will Exist, the Stock's Momentum Has Been Strong
Mitsubishi Corp (8058 JP) is looking to raise US$100m via trimming a stake in Ayala Corporation (AC PM). Despite being not explicitly well flagged,...
984 Views
Maynilad Water Services IPO - Recent Updates, Peer Comparison and Thoughts on Valuation
Maynilad Water Services (MYNLD PH) (MWS) is looking to raise around US$450m in its upcoming Philippines IPO. In this note, we talk about the IPO...
803 Views
Maynilad Water Services Pre-IPO - The Negatives - Growth Hasn’t Always Been as Strong
Maynilad Water Services (MYNLD PH) (MWS) is looking to raise at least US$633m in its upcoming Philippines IPO. In this note, we talk about the not...
707 Views
Maynilad Water Services Pre-IPO - The Positives - Key Infrastructure Provider
Maynilad Water Services (MYNLD PH) (MWS) is looking to raise at least US$633m in its upcoming Philippines IPO. In this note, we talk about the...
737 Views
Manila Electric Block - Selldown by One of the Largest Shareholders
JG Summit Holdings (JGS PM) aims to raise around US$185m via selling 2.5% of Manila Electric Company (MER PM) (Meralco) via a block trade.
552 Views