S-E Asia IPOs outperform to hit RM41.42bil


Deloitte South-East Asia and Singapore disruptive events advisory leader Tay Hwee Ling said compared with the full year 2020, the number of IPOs this year has gone up by 6% with total funds raised rising by 39%. The total IPO market capitalisation grew by 24% to US$36.1bil (RM152.58bil).

KUALA LUMPUR: South-East Asia’s initial public offering (IPO) proceeds, as of mid-November, have continued to grow even as the region is still battling the Covid-19 pandemic, with US$9.8bil (RM41.42bil) in funds raised from 121 IPOs, outperforming the full calendar year 2020.

Deloitte South-East Asia and Singapore disruptive events advisory leader Tay Hwee Ling said compared with the full year 2020, the number of IPOs this year has gone up by 6% with total funds raised rising by 39%. The total IPO market capitalisation grew by 24% to US$36.1bil (RM152.58bil).

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Japan's Nikkei hits record high on loose policy hopes, weaker yen
FBM KLCI holds firm above 1,700
Ringgit opens lower against US$ but higher vs major currencies
Global EV sales growth likely to slow after 20% jump in rocky 2025, research firm says
Trading ideas: Capital A, LBS Bina, Rimbunan Sawit, Selangor Dredging, Vstecs, Velocity, Jetson, PetDag, Foodie Media
Oil prices rise on potential Iran supply disruption
Wall St falls with financials amid credit-card rate plan concern
Foodie Media� 1Q revenue at RM13mil
Ex-Lazard banker’s insider tips reap US$41mil haul
AirAsia X to be renamed AirAsia from next week

Others Also Read