Sector factor plays key role in new listings


ANOTHER Main Market initial public offering (IPO) underperformed on its debut earlier this week.

The weak investor appetite is not surprising, though, judging from the fact that recent Main Market listings have only received low, single-digit “oversubscription” rates prior to their IPOs.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Bank Negara's international reserves at US$119.6bil as at Oct 15, 2024
Budget 2025 measures show strong support for semiconductor sector - Tengku Zafrul
Bonds slide, Asia stocks down as US election looms
Oil prices dip as geopolitical risks stabilise, China demand weighs
Gamuda JV bags contract for Taiwan's RM4.3bil Xizhi Donghu MRT
Bursa Malaysia marginally lower at midday in cautious trading
Betamek, Perodua showcase telematics solutions
Sustainability plan to boost Malaysia's data centre growth - BMI
Ringgit opens flat vs US$ amid cautious economic sentiment
KLCI moves sideways in early trade

Others Also Read