Thai Life meets investors ahead of $1b IPO
The IPO is set to be the biggest in Thailand.
Thai Life Insurance has started to meet investors ahead of its planned $1b initial public offering set to be the largest in Thailand for 2022, a report by Reuters said.
The $1b listing is seen to be a boon for Asia’s capital markets which recently struggled to attract new IPOs because of market volatility.
Thai Life plans to hold a management roadshow from the end of June until early July, ahead of its listing according to the report.
*****
You may also like:
EXCLUSIVE: Why this SG-based fintech firm is ending the pen-and-paper era of financial advisors
Tokio Marine marine insurance cover sales surged by 31% in May