Vietnam ranks top in total funds raised via IPOs across S-E Asia

Singapore

DESPITE fewer flotations, capital markets across South-east Asia raised S$12 billion in total funds via 135 initial public offerings (IPOs) in the first 101/2 months of this year, just shy of the S$13.5 billion raised through 178 IPOs in the whole of 2017.

This is due to a large boost from Vietnam and Thailand, which respectively accounted for 52 per cent and 26 per cent of total funds raised.