Underpricing of initial public offerings in Singapore.

• Main Authors: Lee, Wah Seng., Tay, Lim Hock.
• Other Authors: Lau, Sie Ting
• Format: Theses and Dissertations
• Language: English
• Published: 2009
• Subjects: DRNTU::Business::Finance::Equity
• Online Access: http://hdl.handle.net/10356/20145
• Institution: Nanyang Technological University

This paper analyses the pricing performance of initial public offerings (IPO) by companies which sought a listing on the Stock Exchange of Singapore (SES) Main Board and Stock Exchange of Singapore Dealers Automated Quotation (SESDAQ) during the period Jan 1987 to Jun 1994, inclusive. We find that I...