Valuation of unseasoned stocks and the underpricing phenomenon

• Main Authors: Goh, Stephanie Giok Lie, Leong, Wai Mun, Sin, Kok Hong
• Other Authors: Lance Eric Brannman
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/64351
• Institution: Nanyang Technological University

In recent months. Initial Public Offers (IPOs) in Singapore have proven to be an almost guaranteed source of capital profit because most new issues have been oversubscribed and investors in these unseasoned stocks have reaped substantial gains. This project seeks to examine two aspects of I...