Daily BriefsThailand

Daily Brief Thailand: Thai Credit Bank PCL and more

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

By Clarence Chu

  • 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.

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