News Snapshot:
Thai Life Insurance is meeting its investors before it undertakes a US$1 billion (SG$1.37 billion) initial public offering (IPO), which could be the largest in Thailand for this year. If successful, the $1 billion IPO will be seen as a boost to Asia's capital markets, which have struggled to attract new IPOs because of volatility in financial markets, Reuters reported. Thai Life, which is the country’s third-largest life insurer, is planning to hold a management roadshow from late June until early July, ahead of the listing later in July, a source knowledgeable on the transaction said. The insurer aims to...
