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Maynilad's IPO reflects positive investor interest, indicating potential share price increase.
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Maynilad Water Services plans an IPO to raise up to $880.1 million. The IPO could be the largest in Philippine history to date. Proceeds will fund a capital-expenditure program approved by the government. Pre-marketing meetings with investors are currently underway. Cornerstone investors will be pivotal for effective marketing of shares.
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