Few takers seen likely for Thai IPO free-for-all

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By Rashmi Kumar
24 Jul 2014

Thailand has finally given the green light for foreign companies to list on the country’s stock exchange, the first time it has opened the doors of its market to outsiders. The move is a step in the right direction, say bankers, but they think any uptick in new issuance is likely to be negligible, writes Rashmi Kumar.

The Securities and Exchange Commission (SEC) of Thailand said this week that it will allow international companies to list in the country from August. Not only that, but firms can also complete an IPO on the Stock Exchange of Thailand (SET) at the same time as on any ...

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