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The Stock Exchange of Thailand President Pakorn Peetathawatchai said he would focus on the supply of investor-attracting technology company IPOs. (Source photos by Reuters) 
Market Spotlight

Thai bourse aims for 'sexy' IPOs to boost appeal for investors

SET president prepares incentives to welcome at least 30 companies a year

MASAYUKI YUDA, Nikkei staff writer | Thailand

BANGKOK -- The Stock Exchange of Thailand is putting all its effort into developing new measures to lure listings from "sexy" companies and small- and mid-sized enterprises, aiming to become the leader among Southeast Asian stock markets.

"We would like to have 30 to 50 IPOs at the SET each year, with them raising roughly 250 billion baht ($7.8 billion) per year," Pakorn Peetathawatchai, the president of the exchange, told Nikkei Asia in an online interview. "We would like to see the same amount of secondary offerings as well," he added.

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