Ayala Corporation

The company said it would use the net proceeds primarily to expand its digital financial services business, particularly its credit tech and wealth tech offerings.

The listing ceremony was attended by President Marcos, Ayala Corporation Chairman Jamie Augusto Zobel de Ayala, Mint Chairman Ernest Chu, Sason, Monzon and Securities and Exchange Commission Chairman Francis Lim.

Investor demand.

The firm's debut demonstrated investor demand for Mint's payments business even as a broader sell-off in AI-related shares made investors more selective about new tech listings.

The feels so excluded dividends and past realised gains or Roshis.

On the 13th of October, Pinchu bought more Ayala Land, the property company, rather than its parent, Ayala Corporation.

Ayala Land still shows an unrealised loss of 34.98%.

It accounts for about 8.14% of the equity portfolio by displayed value.

GCash, yes, locally is known to be part of a family-owned conglomerate.

It's the Ayala Group.

But at the same time, the bigger names that matter are the backing of Jack Ma's Ant Group and Japan's Mitsubishi UFJ.

So I think that's more of where...

I was the owner.

So when I was dealing with Ayala Corporation, Megaworld, Filestate, Filinvest, Shangri-La, everyone, at 22, 23, they were dealing with the owner, but I just said I'm the son of the owner.

I see.

Because, you know, like, a lot of people now, if you look at Facebook and Instagram, they're like, "What's it like being a 18-year-old billionaire?"

Mynt is a joint venture.

It's the owners of Globe Telecom, which is the Ayala family, one of the most powerful families in the Philippines, and Ant Group, which is Alibaba out of China.

The anchor buyers flying in are Ameri-- are the giant American asset managers.

So the biggest technology listing in Philippine history is, if you look at it honestly, a telco, a Chinese fintech giant selling a slice of a joint venture to Wall Street.