IPOs in Southeast Asia: A 2023 Review and 2024 Outlook

Consultancy firm Deloitte released In mid-November its insights on the IPO market in Southeast Asia for 2023. During the first 10.5 months, the IPO capital markets saw a healthy count of 153 IPOs and IPO market capitalisation. However, despite the healthy number, the IPO amount raised was the lowest in eight years.

So, what will 2024 hold - will it be good, bad, or complicated? Today, we explore the IPO market in Southeast Asia with Wong Kar Choon, Disruptive Events Advisory Leader of Deloitte Malaysia to shed light on the challenges faced by stock exchanges in sustaining a vibrant cash equities market, the factors influencing companies' decisions to go public and the efforts made by governments to attract high-growth businesses.