๐๐๐๐ฌ๐ก ๐๐ฑ๐ฉ๐๐ง๐๐ฌ ๐ ๐ข๐ฅ๐ข๐ฉ๐ข๐ง๐จ๐ฌ’ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐ฐ๐ข๐ญ๐ก ๐๐ข๐ซ๐ฌ๐ญ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ-๐จ๐ง ๐จ๐๐๐๐ซ๐ข๐ง๐ ๐จ๐ง ๐๐๐ญ๐จ๐๐ค๐ฌ ๐๐
๐๐๐๐ฌ๐ก ๐๐ฑ๐ฉ๐๐ง๐๐ฌ ๐
๐ข๐ฅ๐ข๐ฉ๐ข๐ง๐จ๐ฌ’ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐ฐ๐ข๐ญ๐ก ๐๐ข๐ซ๐ฌ๐ญ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ-๐จ๐ง ๐จ๐๐๐๐ซ๐ข๐ง๐ ๐จ๐ง ๐๐๐ญ๐จ๐๐ค๐ฌ ๐๐, ๐ฌ๐ญ๐๐ซ๐ญ๐ข๐ง๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ ๐๐ฐ๐ข๐๐
๐๐๐๐๐ง๐๐ ๐๐ฎ ๐๐ง๐ค๐ ๐๐ง ๐ผ๐ฝ ๐พ๐๐ฅ๐๐ฉ๐๐ก ๐๐๐๐ช๐ง๐๐ฉ๐๐๐จ ๐๐ฃ๐. ๐ซ๐๐ ๐๐๐ฉ๐ค๐๐ ๐จ ๐๐, ๐ฉ๐๐ ๐๐๐ ๐จ๐ช๐๐จ๐๐ง๐๐ฅ๐ฉ๐๐ค๐ฃ ๐๐๐๐ฉ๐ช๐ง๐ ๐ค๐ฃ ๐๐พ๐๐จ๐ ๐ข๐๐ ๐๐จ ๐๐๐๐๐ฌ๐๐๐’๐จ ๐๐๐ง๐๐๐จ 7 ๐๐๐ ๐๐ซ๐๐๐ก๐๐๐ก๐ ๐ฉ๐ค ๐๐๐ก๐๐ฅ๐๐ฃ๐ค๐จ, ๐ฌ๐๐ฉ๐ ๐๐๐ญ๐๐ ๐๐๐ซ๐๐๐๐ฃ๐ ๐ง๐๐ฉ๐๐จ ๐ช๐ฅ ๐ฉ๐ค 7.70% ๐๐ฃ๐ฃ๐ช๐๐ก๐ก๐ฎ.
As part of its commitment to making investing more accessible to all Filipinos, GCash is expanding GStocks PH to include Follow-On Offering (FOO) subscriptions. Offered by broker AB Capital Securities Inc., the FOO feature allows everyday investors to easily participate in additional share issuances from listed companies, beginning with Megawide’s (MWIDE) Series 7 Preferred Shares.
Through GStocks PH, Filipinos can invest in Megawide’s Series 7 Preferred Shares, available in two tranches—MWP7A offering a fixed dividend rate of 7.31% per year for three years, and MWP7B offering 7.70% per year for five years—providing stable and attractive returns. The offer period opens on October 30 and closes on November 4, with the FOO directly accessible within GCash.
In the past, subscribing to FOOs was often a complex and fragmented process for retail investors, requiring multiple platforms and high minimum investment amounts. GCash aims to improve this by offering a fully-digital, seamless experience with added affordability.
The MWIDE FOO on GStocks PH comes with a minimum investment of Php 1,000 per order or equivalent to 10 shares at Php 100 per share, further easing retail access. Accessible 24/7 within the GCash app, GStocks PH allows investors to subscribe to the FOO anytime at their convenience. The platform also provides real-time transparency by immediately confirming allocation status while shares remain available through the broker.
๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐ข๐ง๐ฏ๐๐ฌ๐ญ๐ข๐ง๐
This latest development on GStocks PH strengthens efforts by GCash to make investing more inclusive for every Filipino, following the October launch of its in-app Initial Public Offering (IPO) subscription feature. Through GStocks PH, Filipinos can now easily open a stock trading account, fund it using their GCash wallet, and subscribe to both IPOs and FOOs all within one platform.
“Expanding GStocks PH capabilities to now include FOOs gives everyday investors even more pathways toward building their financial future,” said Winsley Bangit, Group Head of New Businesses at Mynt, the parent company of GCash. “This continues the momentum of the IPO subscription feature we introduced just last month and represents an exciting step in our mission to democratize investing for all Filipinos.”
“Through our continued collaboration with GCash, AB Capital Securities is thrilled to extend this innovation to more investors,” said Hazel Tanedo Tan, President of AB Capital Securities Inc. “The added digital FOO feature on GStocks PH brings us closer to our goal of championing stronger access to the capital markets and empowering more Filipinos to strive toward their financial goals.”
Fully verified GCash users can subscribe to FOOs through GCash by opening the app, going to GInvest and tapping GStocks PH. The feature is available during the Megawide Series 7 FOO and other Follow-On Offerings in the future.
GCash remains committed to providing accessible and inclusive financial tools that help Filipinos invest, build wealth, and secure a better financial future.
For more information, please visit the Help Center.
The information provided is for informational purposes only and does not constitute financial, investment, or professional advice. You should always consult a qualified financial professional before making any investment decisions. All investments carry inherent risks, including the potential loss of principal. Past performance is not indicative of future results. Any reliance you place on the information provided is strictly at your own risk.
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๐๐๐จ๐ฎ๐ญ ๐๐๐๐ฌ๐ก
GCash is the Philippines’ #1 Finance Super App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. Its mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only $5 billion unicorn in the Philippines.
GCash is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
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