Southeast Asia IPO activity marks bright spots for 2020 amidst a heightened market risk landscape


Source: thaipr.net thaipr.net

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Thailand, Philippines and Malaysia saw a year-on-year increase in IPO funds raised in spite of the pandemic Thailand to close 2020 as Southeast Asia's IPO star with total proceeds of US$3.9 billion exceeding five countries combined. First homegrown deep-tech debut on the SGX Mainboard raised more funds than each of the two real estate investment trusts (REITs) listed in 2020, signals strong investor demand. Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections. Total IPO...