Cover Image

Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin

The research paper is conducted to find out the reaction of price and volume of IPOs towards the expiration of lock up date in Malaysia. The reaction of price is measured by the abnormal return while the reaction of price is measured by the abnormal volume. The data required is retrieved from DataSt...

Full description

Saved in:
Bibliographic Details
Main Author: Sajidin, Muhamad Sazfizal
Format: Student Project
Language:English
Published: 2016
Subjects:
Investment, capital formation, speculation
Online Access:https://ir.uitm.edu.my/id/eprint/80479/2/80479.pdf
https://ir.uitm.edu.my/id/eprint/80479/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.80479
record_format eprints
spelling my.uitm.ir.804792023-07-26T00:59:22Z https://ir.uitm.edu.my/id/eprint/80479/ Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin Sajidin, Muhamad Sazfizal Investment, capital formation, speculation The research paper is conducted to find out the reaction of price and volume of IPOs towards the expiration of lock up date in Malaysia. The reaction of price is measured by the abnormal return while the reaction of price is measured by the abnormal volume. The data required is retrieved from DataStream and being calculated with Microsoft Excel which comprises 22 companies from ACE market. The companies is selected from year 2010 to 2015 and only companies that are still listed in Bursa Malaysia is chosen. The companies is selected by comparing the all the IPO companies with the newspaper in the board. The time frame of the study is 30 days before and 30 days after the expiration date of lock up provision. Methodology used in this research is t-test to determine the significant of average abnormal return and average abnormal volume. The findings of this study shows that there are no reaction on price or volume around the 30 days of the expiry date. This study is hoped will help the investor or any Malaysia market participation especially in the IPO market to notice the situation in Malaysia market regarding the lock up provision. 2016 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/80479/2/80479.pdf Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin. (2016) [Student Project] (Submitted)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Investment, capital formation, speculation
spellingShingle Investment, capital formation, speculation
Sajidin, Muhamad Sazfizal
Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin
description The research paper is conducted to find out the reaction of price and volume of IPOs towards the expiration of lock up date in Malaysia. The reaction of price is measured by the abnormal return while the reaction of price is measured by the abnormal volume. The data required is retrieved from DataStream and being calculated with Microsoft Excel which comprises 22 companies from ACE market. The companies is selected from year 2010 to 2015 and only companies that are still listed in Bursa Malaysia is chosen. The companies is selected by comparing the all the IPO companies with the newspaper in the board. The time frame of the study is 30 days before and 30 days after the expiration date of lock up provision. Methodology used in this research is t-test to determine the significant of average abnormal return and average abnormal volume. The findings of this study shows that there are no reaction on price or volume around the 30 days of the expiry date. This study is hoped will help the investor or any Malaysia market participation especially in the IPO market to notice the situation in Malaysia market regarding the lock up provision.
format Student Project
author Sajidin, Muhamad Sazfizal
author_facet Sajidin, Muhamad Sazfizal
author_sort Sajidin, Muhamad Sazfizal
title Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin
title_short Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin
title_full Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin
title_fullStr Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin
title_full_unstemmed Lock up provision: implication for IPO market in Malaysia / Muhamad Sazfizal Sajidin
title_sort lock up provision: implication for ipo market in malaysia / muhamad sazfizal sajidin
publishDate 2016
url https://ir.uitm.edu.my/id/eprint/80479/2/80479.pdf
https://ir.uitm.edu.my/id/eprint/80479/
_version_ 1772815568873717760
score 13.211869

Similar Items