bearish

Thai Life Insurance IPO Trading - One for Domestics and Cornerstones

636 Views24 Jul 2022 08:07
Thai Life Insurance (TLI) raised around US$975m in its Thailand IPO. Cornerstone investors, including GIC, took up around 54% of the deal. In this note we talk about the trading dynamics.
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets
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