Us 16 1 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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. ....

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