Thailand beats Singapore for 2nd consecutive year as top IPO market in South-east Asia

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

SINGAPORE - Thailand's initial public offering market has chalked up another stellar performance, beating Singapore for the second year running as the top IPO market in South-east Asia with the largest amount of funds raised, according to research from professional services firm Deloitte.. Read more at straitstimes.com.

SINGAPORE - Thailand's initial public offering market has chalked up another stellar performance, beating Singapore for the second year running as the top IPO market in South-east Asiam with the largest amount of funds raised, according to research from professional services firm Deloitte.

Ms Wilasinee Krishnamra, disruptive events advisory leader at Deloitte Thailand, said:"Largely driven by home-grown companies and fuelled by increasing investor interests in firms focused on consumer businesses, continues to appeal strongly to investors and fund managers." Ms Tay Hwee Ling, disruptive events advisory leader at Deloitte South-east Asia and Singapore, said the Covid-19 pandemic has created new opportunities for the IPO market here, even as the economic slump induced by the crisis has weighed on listings.

The nanotechnology solutions provider raised US$345 million on the Singapore Exchange's mainboard, where real estate investment trusts have made up most new listings in recent years. She noted that Hong Kong-based financial institution AMTD International in April became the first company to be dual-listed on the New York Stock Exchange and SGX.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines