Established in Bangkok over 75 years ago, it has become a widely recognised brand, and the country’s second-largest insurer by total premium revenues, which represented 14.7 per cent of the industry in 2021.2
In 2022, Thai Life listed on the Stock Exchange of Thailand, using the raised funds to inject $US397 million into supporting the continual development and growth of the business, including digital transformation, marketing, fortifying partnership channels, and strengthening capital and working capital.
We were responsible for 79 per cent of total allocations in the international cornerstone tranche and delivered the largest cornerstone demand.
During the bookbuilding process, we introduced unique long-only investors and leveraged our strong sales platform, securing sizeable anchor orders from investors across the globe. We successfully facilitated more than 60 non-deal roadshows (NDRs) and roadshow meetings covering institutional investors across Hong Kong, Singapore, Malaysia, Thailand, the US, and the UK, enhancing market awareness of Thai Life’s equity story.