What does IPO means?
investopedia definition:
The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking the capital to expand, but can also be done by large privately owned companies looking to become publicly traded.
In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), the best offering price and the time to bring it to market.
Also referred to as a "public offering".
In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), the best offering price and the time to bring it to market.
Also referred to as a "public offering".
So how to apply ?
i take MSM example, applied on 13 June 2011
step 1
step 2
step 3
MSM IPO, let see performance on listing, 28/6/2011
let see some IPO performance in Bursa Malaysia recently:
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