2017 ASEAN IPO market revitalised by record listings in Singapore and Malaysia

National flags and the Association of South East Asian Nations (ASEAN) logo on display ahead of the 27th ASEAN summit in Kuala Lumpur, Malaysia, November 18, 2015. REUTERS/Olivia Harris

Capital markets across Southeast Asia produced record-high capital raising activity in the first 11 months months of 2017. 144 initial public offerings (IPOs) saw S$10.4 billion ($7.71 billion) in total funds raised with a market capitalisation of S$33.9 billion ($25.1 billion) according to data from Deloitte Singapore.

This is the highest figure since 2014, reflecting positive listing decisions and investor confidence in Southeast Asian exchanges. The growth led by seven blockbuster listings includes two deals each in Malaysia and Singapore and three deals in Thailand.

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