
Singapore no longer has the biggest AsiaPac IPO of 2013
$2.1 billion Thai listing now number one.
According to Dealogic, the $2.1 billion IPO by BTS Rail Mass Transit Growth Infrastructure Fund in not only the biggest recorded IPO in Thailand, it is also the biggest to-date in Asia Pacifc in 2013, overtaking the $1.4 billion Singapore IPO of Mapletree Greater China Commercial Trust in February.
Here are more statistics from Dealogic:
BTS Rail Mass Transit Growth Infrastructure Fund IPO
- Biggest IPO in Thailand on record
- Largest IPO in Asia Pacific so far this year and second largest listing globally behind the $2.6bn spin-off of Zoetis in January
Regional IPO Trends
- SE Asia IPO volume of $3.4bn stands at a record YTD level, with two out of the top five global IPOs so far this year coming from the region
- Asia Pacific IPO volume of $6.9bn in 2013 YTD is down 16% Y-o-Y
Top 3 IPOs by Thai Issuers on Record
1. BTS Rail Mass Transit Growth Infrastructure Fund - $2.1bn | April 2013
2. Thai Beverage - $983m | May 2006
3. Thai Oil - $784m | October 2004
Top 3 Asia Pacific IPOs – 2013 YTD
1. BTS Rail Mass Transit Growth Infrastructure Fund - $2.1bn | Thailand | April
2. Mapletree Greater China Commercial Trust - $1.4bn | Singapore | February
3. Nippon Prologis REIT - $1.1bn | Japan | February