GENCO IPO gets off the blocks ... just

Thailand''s first IPO in 3 years was oversubscribed by less than 10%, with retail demand still particularly weak.

The initial public offering (IPO) of General Environmental Conservation Public Co Ltd (GENCO), Thailand's first new listing in three years, was oversubscribed by less than 10%, according to Chaiwat Kovavisarach, director at lead arranger SG Asia Credit Securities.

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