Global bourses see surge in traditional IPO listings with Asean making its mark : EY

Corporates in Asean are demonstrating optimism and confidence that a recovery is underway in the region. PHOTO: ST FILE
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SINGAPORE - Stock exchanges across Asean saw a steady stream of initial public offerings (IPOs) during the first half of the year.

There were 54 listings in the region raising US$5.1 billion in the six months to June 30 compared with 44 raising US$3.2 billion over the same period in 2020, noted accounting firm EY on Thursday (July 15).

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