Filipinos can now participate more conveniently in Arthaland Corporation’s (ALCO) upcoming Series G and H preferred share offering through GStocks PH, offered by broker AB Capital Securities Inc. within the GCash app.
The offering gives retail investors an opportunity to invest directly in the sustainable property developer through a fully digital subscription process. The shares are priced at PHP 500 each, with Series G (ALCPG) offering a dividend rate of 7.3260% per annum and Series H (ALCPH) offering 7.8105% per annum, subject to the terms and conditions of the issue.
The offer period for Arthaland Corporation’s preferred share sale will run from September 14 to September 18.
Preferred shares typically pay fixed dividends and give holders priority over common shareholders in receiving dividends. Through the GStocks PH platform, the offering also provides retail investors with a digital way to participate in a share sale without the need to coordinate with a physical broker.
Arthaland Preferred Shares Available Through GStocks PH
The Series G and Series H preferred share offering expands retail investors’ access to additional ways to earn potential income through the capital markets.
The availability of the Arthaland preferred share offering through GStocks PH also addresses challenges that have traditionally made stock investing less convenient for retail investors. In the past, retail investors often needed a separate bank account to begin trading in the stock market. They also had to coordinate with a physical broker to participate in share issuances, including follow-on offerings.
GStocks PH, offered by AB Capital Securities Inc., provides a digital channel for retail investors participating in share sales such as initial public offerings and follow-on offerings.
The fully-digital IPO/FOO subscription feature is designed to provide a more seamless and transparent investment experience during these offerings. It gives investors access to subscription information through the platform while allowing them to monitor the availability of broker-allotted shares.
For the Arthaland Series G and H preferred share offering, the platform’s built-in subscription meter and real-time allocation of the broker’s tranche allow investors to check the availability of broker-allotted shares on GStocks PH.
Investors can also confirm their share allocations at the moment of subscription rather than waiting for the close of the offer period.
Real-Time Allocation and Oversubscription
GStocks PH also provides a process for retail investors when the broker’s initial tranche is fully taken up.
Should the broker’s initial tranche be fully taken up and the offering become oversubscribed on GStocks PH, retail investors can still place orders and receive their allocation results after the offer period.
This gives investors a way to participate in the offering even when demand reaches the available broker-allotted shares during the subscription period. The platform’s subscription meter provides visibility into the availability of the broker’s tranche, while allocation results remain available after the offer period when the offering becomes oversubscribed.
The digital subscription process forms part of GStocks PH’s approach to making participation in securities offerings more accessible to retail investors.
GCash and GStocks PH Support Digital Investing
Winsley Bangit, group head of new businesses at Mynt, highlighted the role of digital financial services in making investing more convenient for Filipinos.
“Financial inclusion is not only about more financial services. It is about creating a simpler, more rewarding experience that keeps Filipinos’ needs in mind. By digitizing financial services and making investing more convenient, we make it easier for Filipinos to participate and take greater control of their financial journeys,” emphasized Winsley Bangit, group head of new businesses at Mynt.
The GStocks PH offering is available to fully-verified GCash users through the GCash app. Users can open the app, go to Invest, and select GStocks PH to strengthen their investment journey.
The platform also offers instant onboarding to new users. Investors can transfer funds to and from the GCash wallet for free, with no bank account needed.
This digital setup removes several steps that previously made participation in stock market offerings less convenient for some retail investors. By bringing access to securities offerings within the GCash app, GStocks PH provides a digital route for Filipinos interested in participating in offerings such as the Arthaland Series G and H preferred shares.
Expanding Access to Capital Markets
The availability of Arthaland Corporation’s Series G and H preferred shares through GStocks PH gives Filipino retail investors another digital avenue for participating in the capital markets.
The shares are priced at PHP 500 each. Series G (ALCPG) has a dividend rate of 7.3260% per annum, while Series H (ALCPH) has a dividend rate of 7.8105% per annum, subject to the terms and conditions of the issue.
The offer period runs from September 14 to September 18.
Through its fully digital IPO/FOO subscription feature, GStocks PH continues to provide retail investors with a more convenient way to participate in securities offerings. Its subscription meter and real-time allocation of the broker’s tranche provide visibility during the subscription process, while investors can still place orders if the broker’s initial tranche becomes fully taken up and the offering becomes oversubscribed.
By expanding digital access to securities offerings, GStocks PH continues to help broaden participation in the capital markets and provide Filipinos with more convenient ways to earn and grow their hard earned money.
