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Asia EquityAsia IPOs

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


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.

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