BANGKOK: Thailand’s leading arranger of initial public offerings (IPOs) since 2021 is targeting companies from neighbouring Vietnam and Cambodia for listing on the Bangkok bourse to counter a slump in domestic stock sales, though nationalism is one obstacle.
Kiatnakin Phatra Bank Pcl is working with several South-East Asian (SEA) firms to tap investors through the Stock Exchange of Thailand (SET), said Anuwat Ruamsuke, head of investment banking and capital markets.
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