BTSGIF off to dazzling start | Bangkok Post: business

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BTSGIF off to dazzling start

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The BTS Rail Mass Transit Growth Infrastructure Fund (BTSGIF), Thailand's largest initial public offering, sizzled at its debut yesterday on the Stock Exchange of Thailand. 

Front row from right: BBL Asset Management managing director Voravan Tarapoom, BTS Group Holdings chief executive Keeree Kanjanapas, Stock Exchange of Thailand board chairman Sompon Kiatpaiboon, and Banyong Pongpanich, chief executive of Kiatnakin Bank.

It surged as much as 22% above its IPO price, underscoring investors' strong demand in newly listed securities.

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