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Home Global

Thai Life locks in major cornerstone investors for $1 bln IPO

admin by admin
June 28, 2022
in Global
Earthquake of magnitude 5.1 strikes Algeria’s Oran province
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HONG KONG, June 28 (Reuters) – Thai Life Insurance’s initial public offering (IPO), aiming to raise up to $1.04 billion, will be sold to 18 domestic and international cornerstone investors.

These investors will account for about 50% of the IPO, the largest in Southeast Asia so far in 2022, according to a term sheet seen by Reuters. The…



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