Fund manager: Small and mid-cap stocks offer higher growth and valuations

Lower share price: The lethargy and underperformance of large IPOs in recent times, including Malakoff, have seen big institutional funds ending up being disappointed after coming in to support them.

THE initial public offering (IPO) pipeline for stocks on Bursa Malaysia is set to move up a gear this year with a number of large offerings slated for listing on the stock market.

The resurgence of large IPOs, surely, is likely to pique the interest of the market. However, not everyone is enthused about the large listings on Bursa Malaysia.