By Reuters Staff
2 Min Read
BANGKOK, Jan 8 (Reuters) - The Stock Exchange of Thailand on Friday said it was seeking to boost its market capitalisation this year by 500 billion baht ($16.61 billion) through initial public offerings (IPOs) and secondary listings.
Last year, the market capitalisation of IPOs in Thailand was 555 billion baht, the exchange said in a statement.
That was driven by the country’s largest listings, Central Retail Corporation Pcl and SCG Packaging Pcl, each raising over $1 billion.
“The target for new listings is high, similar to the last two years,” said the head of the exchange’s Issuer and Listing Division, Manpong Senanarong.
Siamese Asset PCL (SET: SA) Shows High Integrated Real Estate Business Potential
- Moving ahead to raise funds, fortify strength
- Advancing to become Thailand s top real estate developer
BANGKOK, Dec 28, 2020 - (ACN Newswire) - Siamese Asset PCL (SET: SA) is moving ahead to expand investment following its listing on the Stock Exchange of Thailand (SET), in a bid to become a leading integrated real estate developer in Thailand, fulfilling customer demand for residences and for long-term investment, and promoting continuous growth, despite the national economy in a slowdown mode. The current 9,446 million baht worth of backlog is being realized from 4Q2020 onward.