In today’s briefing:
- Thai Credit Bank IPO Trading – Half the Deal Already Spoken For, the Other Half Should Be Liquid
Thai Credit Bank IPO Trading – Half the Deal Already Spoken For, the Other Half Should Be Liquid
- Thai Credit Bank PCL (3674238Z TB) raised around US$281m in its Thailand IPO.
- TCB is a commercial bank that focuses on providing business loans to small and medium-size enterprises (SMEs), nano loans and micro credits to merchants, and home loans for individual customers.
- We had looked at the firm’s past performance and shared our thoughts on TCB’s valuation in earlier notes. In this note, we will look at the trading dynamics.