The number of ACE Market listings more than doubled to 25 from 11 last year, while there was an equal number of five listings on the Main Market and the LEAP Market. In comparison, there were seven Main Market listings and 12 on the LEAP Market last year. The IPO scene in 2022 year to date was dominated by the ACE Market in number,” Maybank Investment Bank head of equity capital markets Raymond Chooi tells The Edge. We observe that the domestic IPO market remains robust and continues to attract interest from domestic and foreign investors,” he explains. Global IPOs hit, awaiting comeback in 2023 — EYAfter a record-breaking 2021, the global IPO market proved otherwise in 2022.

Source: The Edge Markets January 09, 2023 08:33 UTC