First Pacific Company Limited Awaits Regulatory Approval for Maynilad Water Services' Spin-off and Listing on Philippine Stock Exchange

Reuters

06-23

First Pacific Company Limited Awaits Regulatory Approval for Maynilad Water Services' Spin-off and Listing on Philippine Stock Exchange

First Pacific Company Limited has announced a voluntary update regarding the proposed spin-off and separate listing of its Philippine affiliate, Maynilad Water Services, Inc., on the Philippine Stock Exchange. The company is currently in the process of obtaining the necessary regulatory approvals, including the issuance of the SEC Order of Registration and Certificate of Permit to Offer Securities for Sale. As of now, Maynilad continues to coordinate with regulators and remains on track to meet all requirements for the listing. The target listing date on the Main Board of the Philippine Stock Exchange is anticipated to be by the end of October 2025, and the company will trade under the symbol "MYNLD." This update follows a submission of an updated timetable to the Securities and Exchange Commission of the Philippines and the Philippine Stock Exchange, in response to potential demand from strategic cornerstone investors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Pacific Company Limited published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Pacific Company Limited published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1237","symbol_name":"包裝食品與肉類","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nNDL1bDWly:1","article_id":"2545349684","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545349684","pubTimestamp":1750667649,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"First Pacific Company Limited Awaits Regulatory Approval for Maynilad Water Services' Spin-off and Listing on Philippine Stock Exchange. 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