Singapore’s stock exchange has regained pole position for initial public offerings in Southeast Asia. The bourse was lifted by the debuts of Frasers Logistics & Industrials Trust and Manulife US Real Estate Investment Trust, which accounted for 96 percent of the $1.2 billion raised in the first half of the year, and a drop in activity in Thailand. In the same period last year, none of the major regional exchanges raised less than Singapore.
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