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Bangkok Post
Bangkok Post
Business

TLI initial public offering marks full subscription

Insurance FSS IPO SET

Thai Life Insurance's (TLI) initial share allotment from Financial Syrus Securities (FSS) was fully subscribed on its first day yesterday in the region's largest initial public offering (IPO) by an insurance firm since 2000.

FSS's IPO portion of 25 million shares, out of 2.155 billion shares, was fully bidded within 30 minutes, the underwriter said.

The securities firm said investors can check the results of yesterday's subscriptions today.

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