BANGKOK, Jan 8 (Reuters): The Stock Exchange of Thailand on Friday said it was seeking to boost its market capitalisation this year by 500 billion baht (US$16.61 billion) through initial public offerings (IPOs) and secondary listings.
Last year, the market capitalisation of IPOs in Thailand was 555 billion baht, the exchange said in a statement.
That was driven by the country's largest listings, Central Retail Corporation Pcl and SCG Packaging Pcl, each raising over US$1 billion.
"The target for new listings is high, similar to the last two years," said the head of the exchange's Issuer and Listing Division, Manpong Senanarong.
The index also hopes to attract foreign listings from neighbouring countries and support fundraising for small businesses and startups, he said.