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Steady stream of IPOs in Asean on optimism over economic recovery: EY
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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 last year. Indonesia posted the largest number of listings with 22 deals and Malaysia struck 12, while Singapore debuted three companies in the first half.
ST PHOTO: LIM YAOHUI
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 last year, noted accounting firm EY on Thursday.
