Interest in IPOs likely to remain elevated

Quick Summary:

The flurry of initial public offerings (IPO) in Malaysia reflects the resilient underlying condition of the economy for businesses to raise funds from the equity market.

The stock market operator is reportedly targeting 42 company listings this year which is higher than 32 listings last year, 35 in 2022 and 30 in 2021.

While appetite for new listings is strong, analysts said investors should exercise caution by examining the companies carefully before deciding to purchase their shares.

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Article Details

Author / Journalist: DANIEL KHOO

Category: EconomyBusiness

Markets: MalaysiaChinaSingaporeUnited States

Topics: InvestorConfidence IPOTrends TechSector MalaysiaEconomy StockMarket /Business/Business News Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 00:00:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 710 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22069268

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 37 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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