Southeast Asia's initial public offering market is showing promising signs amid a global IPO slowdown in the first half of 2023, said a new Deloitte report.
Southeast Asia's IPO market is growing despite global headwinds, Deloitte said in a new report.
"Southeast Asia's positive growth outlook is making the region an investor favourite as there continues to be an influx of foreign direct investment due to the region reopening its doors, the restoration of the tourism industry, and the booming domestic demand," the report said. "Southeast Asia's positive growth outlook is making the region an investor favourite as there continues to be an influx of foreign direct investment due to the region reopening its doors, the restoration of the tourism industry, and the booming domestic demand," the report said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Southeast Spotlight: Five prospects on flip watch - Rivals.com
Read more »
Body found in water near area in Southeast Georgia known as Gilligan’s Island, police sayA man’s body was found Thursday afternoon in the water off the shore of an area commonly known as Gilligan’s Island, the St. Marys Police Department said.
Read more »
Reddit could slim down management as moves toward an IPOInside Reddit's path to an IPO, where employees see 'thrash' from constant pivots and say more managers may leave amid a flattening
Read more »
Breakingviews - Europe's biggest IPO prudently tests the waterEurope’s biggest listing this year is off to a cautious start. Hidroelectrica, Romania’s top hydropower producer, priced on Wednesday its initial public offering (IPO) at 104 lei ($22.87 per share, the middle of a proposed range, raising 1.8 billion euros. That values the whole utility at 46.8 billion lei, or 9.4 billion euros. It also suggests the company would trade at 10.5 times its 2022 earnings per share, a multiple 30% lower than the 14.8 times Austrian peer Verbund is currently trading at.
Read more »