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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Main Authors: Saunders, Anthony, LIM, Young Sain, Joseph
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1990
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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
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spelling sg-smu-ink.lkcsb_research-21362010-09-23T06:24:04Z Underpricing and the New Issue Process in Singapore Saunders, Anthony LIM, Young Sain, Joseph 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 merchant banking arrangements by which companies are brought public; the allocation procedures of new issues; and the means through which the purchase of new shares are funded. 1990-08-01T07:00:00Z text https://ink.library.smu.edu.sg/lkcsb_research/1137 info:doi/10.1016/0378-4266(90)90051-3 https://doi.org/10.1016/0378-4266(90)90051-3 Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University Business
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Business
spellingShingle Business
Saunders, Anthony
LIM, Young Sain, Joseph
Underpricing and the New Issue Process in Singapore
description 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 merchant banking arrangements by which companies are brought public; the allocation procedures of new issues; and the means through which the purchase of new shares are funded.
format text
author Saunders, Anthony
LIM, Young Sain, Joseph
author_facet Saunders, Anthony
LIM, Young Sain, Joseph
author_sort Saunders, Anthony
title Underpricing and the New Issue Process in Singapore
title_short Underpricing and the New Issue Process in Singapore
title_full Underpricing and the New Issue Process in Singapore
title_fullStr Underpricing and the New Issue Process in Singapore
title_full_unstemmed Underpricing and the New Issue Process in Singapore
title_sort underpricing and the new issue process in singapore
publisher Institutional Knowledge at Singapore Management University
publishDate 1990
url https://ink.library.smu.edu.sg/lkcsb_research/1137
https://doi.org/10.1016/0378-4266(90)90051-3
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