The value of initial public offering shares on the Thai bourse will likely meet the target of 100 billion baht even though the nine-month figure fell slightly short of expectations, says the Stock Exchange of Thailand.
SET president Charamporn Jotikasthira yesterday said 14 IPOs including five property funds were launched in the period, with a combined market capitalisation of 60.9 billion baht. The target for the period was 75 billion baht.
However, he expressed confidence that new IPOs will bring the number to 100 billion baht.
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