Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat

The purpose of this project paper is to identify the forces that influence the rate of initial return on IPOs KLSE's Second Board. To ascertain these forces, six elements have been selected and have been tested as factors that may have influenced the rate of initial return on IPOs. The selected...

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Main Author:	Saat, Rashdan Saferan
Format:	Thesis
Language:	English
Published:	1994
Subjects:	Foreign investments Country risk
Online Access:	https://ir.uitm.edu.my/id/eprint/36050/1/36050.pdf
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id	my-uitm-ir.36050
record_format	uketd_dc
spelling	my-uitm-ir.360502022-07-05T06:54:20Z Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat 1994 Saat, Rashdan Saferan Foreign investments. Country risk Stock exchanges. Insider trading in securities The purpose of this project paper is to identify the forces that influence the rate of initial return on IPOs KLSE's Second Board. To ascertain these forces, six elements have been selected and have been tested as factors that may have influenced the rate of initial return on IPOs. The selected six elements were offer price, offering size, amount listed, the company age, PE ratio and the market level. This project paper was based on the findings from 84 IPOs. All those IPOs were listed on the KLSE's Second Board as at 31st. December 1993. The result shows that, on average, IPOs gave an initial return of 59.46% on the first day of listing. The rate of initial return was found to be influenced by the offer price and also market level (in this case, KLSE's Composite Index). The size of the offering, age of the company, PE ratio and the amount listed were found to have no significant relationship with the rate of initial return. 1994 Thesis https://ir.uitm.edu.my/id/eprint/36050/ https://ir.uitm.edu.my/id/eprint/36050/1/36050.pdf text en public degree Universiti Teknologi MARA Faculty of Business and Management
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
topic	Foreign investments Country risk Foreign investments Country risk
spellingShingle	Foreign investments Country risk Foreign investments Country risk Saat, Rashdan Saferan Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat
description	The purpose of this project paper is to identify the forces that influence the rate of initial return on IPOs KLSE's Second Board. To ascertain these forces, six elements have been selected and have been tested as factors that may have influenced the rate of initial return on IPOs. The selected six elements were offer price, offering size, amount listed, the company age, PE ratio and the market level. This project paper was based on the findings from 84 IPOs. All those IPOs were listed on the KLSE's Second Board as at 31st. December 1993. The result shows that, on average, IPOs gave an initial return of 59.46% on the first day of listing. The rate of initial return was found to be influenced by the offer price and also market level (in this case, KLSE's Composite Index). The size of the offering, age of the company, PE ratio and the amount listed were found to have no significant relationship with the rate of initial return.
format	Thesis
qualification_level	Bachelor degree
author	Saat, Rashdan Saferan
author_facet	Saat, Rashdan Saferan
author_sort	Saat, Rashdan Saferan
title	Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat
title_short	Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat
title_full	Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat
title_fullStr	Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat
title_full_unstemmed	Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat
title_sort	factors influencing the rate of returns on initial public offerings a study on : klse’s second board / rashdan saferan saat
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Business and Management
publishDate	1994
url	https://ir.uitm.edu.my/id/eprint/36050/1/36050.pdf
_version_	1783734321434066944

Factors influencing the rate of returns on initial public offerings a study on : KLSE’s second board / Rashdan Saferan Saat

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