Underpricing of New Issues Listed on the Second Board of the Kuala Lumpur Stock Exchange During 1989 to 1994
This paper studies the underpricing of Initial Public Offerings ("IPOs") listed on the Second Board of the Kuala Lumpur Stock Exchange ("KLSE") during 1 989 to 1 994. The results show that the average return, based on the difference between the first day closing price and the...
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| Format: | Project Paper Report |
| Language: | English English |
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1997
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| Online Access: | http://psasir.upm.edu.my/id/eprint/8095/1/GSM_1997_43_A.pdf |