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The Stock Exchange of Thailand (SET) has planned to reduce the target number of companies seeking initial public offerings (IPO) of shares both on the bourse and the Market for Alternative Investment (MAI) within this year.
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According to SET president Patareeya Benjapolchai, the exchange had earlier set a target to draw 46 companies for the listing on both SET and MAI this year but the current unfavourable sentiment in the market is likely to bring down the number of IPO shares to be listed on SET.
However, Pattareeya said, the …