Investor Presentaiton
Southeast Asian bourses
Indonesia: the highest number of IPOs in Southeast Asia in the last 5 years
Indonesia's IPO market is the leading force in Southeast Asia for listings, staying strong despite the pandemic
challenges since 2020 and maintaining this momentum into Q3 2023. This success reflects the IDX enduring appeal
to investors, bolstered by its commitment to well-maintained political and macroeconomic stability. Indonesia
contributed 5 companies in the top 10 listings in Southeast Asia with the largest funds raised as of Q3 2023:
Leading as Top 5 IPO Funds Raised in Southeast Asia
1
Amman
Mineral
2
US$712
million
3
Merdeka
Battery
US$627
million
4
Harita Nickel
US$683
Pertamina
Geothermal
US$594
million
No of IPOS
70
99
66
60
55
59
55
554
54
51
50
41
42
40
30
50
34
30
35
55
28
29
29
27
25
19
20
11
11
11
78
8
10
23
6
0
2019
2020
2021
2022
Q3 2023
Radlum
Development
US$94 million
■Indonesia
■Malaysia Philipines Singapore Thailand
Source: Official stock exchange websites, excluding reverse takeovers and
secondary listings
PwC
million
5
Cinema XXI
US$149
million
Malaysia: advancing in the IPO
landscape.
In 2023, Malaysia's IPO market is poised for
growth, with the Malaysia Stock Exchange aiming
for 39 new companies to go public, emphasizing
the nation's commitment to its capital market.
As of Q3 2023, several significant
IPOs have already left their mark
on the exchange, shaping its
trajectory and fostering
opportunities for expansion and
innovation. One of the companies
listed in the Malaysia Stock
Exchange entered the top 10
listings with the largest funds
raised as of Q3 2023:
Thailand: maintains a firm second-place
position in terms of the number of IPOs in
Southeast Asia.
In the highly competitive Southeast Asia IPO landscape,
Thailand holds the strong second position as of Q3 2023.
This is a testament to the nation's consistent appeal to
businesses, driven by its vibrant economy and dynamic
market conditions. Thailand had four companies among the
top 10 listings that raised the most funds as of Q3 2023:
7
9
Master
Style
8
Millenium
Group
10
US$91 million
US$65 million
Samart
Aviation
US$87 million
P.S.P
Specialities
US$62 million
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