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Sunday, May 5, 2024

Bangkok Post – SET expects volume of IPOs to increase in 2024

Pakorn Peetathawatchai, president of the Stock Exchange of Thailand. (File photo)

The Stock Exchange of Thailand (SET) expects more companies will float shares on the Thai bourse this year than in 2023 as investment sentiment has improved.

Manpong Senanarong, senior executive vice-president and head of the issuer and listing division, said the SET anticipates more initial public offerings (IPOs) in 2024 than the previous year because market sentiment is better.

Some 43 companies have applied for IPOs on Thai bourses, comprising 20 planning to list on the SET, 20 for the Market for Alternative Investment, and three…

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