The new shares market: regulatory intervention, forecast errors and challenges
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 inv...
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2003
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Online Access: | http://psasir.upm.edu.my/id/eprint/1115/1/LG_173_S45_S981_no.630001.pdf http://psasir.upm.edu.my/id/eprint/1115/ |
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my.upm.eprints.11152017-11-16T02:31:23Z http://psasir.upm.edu.my/id/eprint/1115/ The new shares market: regulatory intervention, forecast errors and challenges Ramadilli Mohd, Shamsher Mohamad 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. 2003-04-26 Inaugural Lecture NonPeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/1115/1/LG_173_S45_S981_no.630001.pdf Ramadilli Mohd, Shamsher Mohamad (2003) The new shares market: regulatory intervention, forecast errors and challenges. [Inaugural Lecture] |
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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. |
format |
Inaugural Lecture |
author |
Ramadilli Mohd, Shamsher Mohamad |
spellingShingle |
Ramadilli Mohd, Shamsher Mohamad The new shares market: regulatory intervention, forecast errors and challenges |
author_facet |
Ramadilli Mohd, Shamsher Mohamad |
author_sort |
Ramadilli Mohd, Shamsher Mohamad |
title |
The new shares market: regulatory intervention, forecast errors and challenges |
title_short |
The new shares market: regulatory intervention, forecast errors and challenges |
title_full |
The new shares market: regulatory intervention, forecast errors and challenges |
title_fullStr |
The new shares market: regulatory intervention, forecast errors and challenges |
title_full_unstemmed |
The new shares market: regulatory intervention, forecast errors and challenges |
title_sort |
new shares market: regulatory intervention, forecast errors and challenges |
publishDate |
2003 |
url |
http://psasir.upm.edu.my/id/eprint/1115/1/LG_173_S45_S981_no.630001.pdf http://psasir.upm.edu.my/id/eprint/1115/ |
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1643821943721295872 |
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13.211869 |