The new shares market:regulatory intervention, forecast errors and challenges

Prof. Dr., Shamser Mohamad (2003) The new shares market:regulatory intervention, forecast errors and challenges.

[img] PDF
14Mb

Abstract

A new issue is defined under Malaysian laws as the sale of unissued ordinary shares out of a previously closely held firm's authorised number of shares. Offers of existing issued shares are defined as sale of shares. Private placements, which are direct sale of unissued shares to designated investors, are permitted in limited cases and account for 5 to 10percent of funds per year in the market. Therefore, the phrase 'new issues' has a restricted meaning in this country, and is consistent with the meaning of initial public offerings (or IPOs) of private companies and government-linked enterprises.

Item Type:Inaugural Lecture
ID Code:1115
Deposited By: Yusfauhannum Mohd Yunus
Deposited On:09 Jun 2009 08:29
Last Modified:27 May 2013 06:52

Repository Staff Only: Edit item detail

Document Download Statistics

This item has been downloaded for since 09 Jun 2009 08:29.

View statistics for "The new shares market:regulatory intervention, forecast errors and challenges"


Universiti Putra Malaysia Institutional Repository

Universiti Putra Malaysia Institutional Repository is an on-line digital archive that serves as a central collection and storage of scientific information and research at the Universiti Putra Malaysia.

Currently, the collections deposited in the IR consists of Master and PhD theses, Master and PhD Project Report, Journal Articles, Journal Bulletins, Conference Papers, UPM News, Newspaper Cuttings, Patents and Inaugural Lectures.

As the policy of the university does not permit users to view thesis in full text, access is only given to the first 24 pages only.