The Php34.3-billion initial public offering (IPO) of West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) was recognized at the Alpha Southeast Asia 19th Annual Deal & Solution Awards, receiving the “Best IPO for Retail Investors in Asia 2025” and “Best Equity/IPO Deal of the Year in the Philippines 2025” citations.
The awards were conferred during a ceremony held at The Fullerton Hotel Singapore. The recognition highlights the strong retail participation and overall market execution of Maynilad’s IPO—one of the Philippines’ landmark equity offerings.
Maynilad’s IPO marked the company’s listing on the Philippine Stock Exchange and formed part of its broader capital strategy to support ongoing investments in water infrastructure, wastewater expansion, and system loss reduction across its West Zone concession area.
“We are grateful for the recognition of our IPO, which reflects the confidence of both retail and institutional investors in Maynilad’s long-term growth strategy,” said Maynilad Chief Finance Officer Ricardo F. De Los Reyes. “The proceeds of the offering continue to support critical infrastructure projects that strengthen water security and service reliability for our customers.”
The Alpha Southeast Asia Deal & Solution Awards, organized by institutional investment magazine Alpha Southeast Asia, recognize excellence in capital markets transactions and financial solutions across the region.
Maynilad’s IPO was led by BPI Capital Corporation, HSBC, Morgan Stanley Asia (Singapore), and UBS AG (Singapore) as Joint Global Coordinators and Joint Bookrunners.
