Thailand has made news recently with the announcement of a record IPO aimed at financing the expansion of Bangkok’s Skytrain, the elevated mass transit system that does help a lot to ease the city’s notorious traffic jams. The capital raised by the so-called BTS Rail Mass Transit Growth Infrastructure Fund will be no less than $1.2bn, which is the largest IPO ever by value in Thailand, one of the largest listing in Southeast Asia and comes at a time when the interest in Southeast Asian share sales is surging. Read More
