Uncertain times for IPOs


  • Business
  • Saturday, 05 Apr 2008

PETALING JAYA: The volatile market in Malaysia, uncertainties in the political scene and also the continuing fallout from the US credit crisis are making most companies rethink plans to seek a listing on Bursa Malaysia, analysts said.

Most companies, they said, might want to delay their listing plans until later this year, judging from the poor performance of the recent initial public offerings (IPOs), especially given the cautious investment climate where investors were shifting from equities into government bonds.

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