Malaysia carried Southeast Asia’s IPO market in 2026. The rest of the region went quiet
Strip Malaysia out of the numbers, and Southeast Asia’s public markets in 2026 look less like a listing venue and more like a waiting room. Southeast Asia recorded 56 initial public offerings (IPOs) raising US$3 billion in the first nine months of 2026, according to EY data released on Thursday. That is down from 76 […] The post Malaysia carried Southeast Asia’s IPO market in 2026. The rest of…
In 2026, Malaysia dominated Southeast Asia's IPO market, with 38 offerings raising US$1.62 billion, while the rest of the region saw a significant slowdown. Overall, the region recorded 56 IPOs raising US$3 billion in the first nine months of the year, a 26% fall in deal count and a 13% drop in proceeds compared to the previous year.
Malaysia's performance was particularly strong, accounting for 68% of the region's listings and more than half of the capital raised. Singapore also saw a decrease in both listings and capital raised, with 8 IPOs raising US$1.28 billion, down from the previous year's figures. Indonesia's IPO activity dropped sharply, with only 7 listings raising US$121.3 million in the third quarter, compared to 23 IPOs worth US$919.6 million in the same period last year.
Thailand also saw a decline in its IPO market, with 3 deals raising US$21.3 million in the third quarter, down from 8 deals worth US$57.6 million in the previous year. While the region's overall performance lagged, Asia Pacific as a whole saw a strong performance, with 399 IPOs raising US$93.2 billion in the first nine months, a 14% increase in volume and 79% increase in proceeds.
Written by urgent.news from e27's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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