2004 looking good for new share offerings on strong economy


  • Business
  • Thursday, 08 Jan 2004

INITIAL public offerings (IPOs) should do better this year given that the economy is expected to expand faster than it did last year. At the same time, the shorter time-to-listing is seen to reduce market risks quite significantly.  

Sponsors of this year's IPOs will be hoping to match – if not better – the performance of last year's 64 listing exercises, which raised a total of RM4.84bil. 

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