Thailand, Philippine firms lead revival in Southeast Asia IPOs

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Reuters
ID: 
1570679215322966900
Thu, 2019-10-10 03:32

SINGAPORE/BANGKOK: Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focused on Southeast Asian consumers.
Asset World Corp, the hospitality and property firm listed by Thai billionaire Charoen Sirivadhanabhakdi, and Philippine home furnishing retailer AllHome Corp. raised $1.6 billion and $285 million, respectively.

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