Underpricing and the New Issue Process in Singapore

The new issue process in Singapore is examined and evidence for underpricing is presented. Underpricing will reduce revenues when the Singapore government privatizes its companies and statutory boards. Solutions are proposed to ameliorate the underpricing problem. These solutions relate to the merch...

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Bibliographic Details
Main Authors: Saunders, Anthony, LIM, Young Sain, Joseph
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1990
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/1137
https://doi.org/10.1016/0378-4266(90)90051-3
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Institution: Singapore Management University
Language: English