Page 38 - Introduction To Investment Management
P. 38

NAME OF COMPANY    OFFER    ISSUE     NO OF SHARES           LISTING    DATE OF
                     (Stock Code / Stock   PERIOD   PRICE                         SOUGHT    LISTING

                     Short Name)                 (Per
                                        Opening            Public   Offer   Private
                                                 Ordinary
                                                           Issue   For   Placement
                                                 Share)
                                                           (Mil)   Sale   (Mil)
                                                                  (Mil)

                     IGB REAL ESTATE    27-08-12   RM 1.25   -    670   -         Main      21-09-
                     INVESTMENT TRUST                                             Market    2012
                     (5227/IGBREIT)                                               (REITS)

                     Datasonic Group    03-08-12   RM 2.00   20   up to  1.85     Main      03-09-
                     Berhad                                       7.9             Market    2012
                     (5216/DSONIC)

                     Pasukhas Group     02-08-12   RM 0.12   90   -     55        ACE Market  29-08-
                     Berhad                                                       (Trading /   2012
                     (0177/PASUKGB)                                               Services)

                     Felda Global Ventures   31-05-12   RM 4.55   980   1,208  N/A   Main   28-06-
                     Holdings Berhad                                              Market    2012
                     (5222/FGV)

                     Source: Bursa Malaysia; Initial Public Offering; Last updated: 13 Dec 2012




                                   2.3.3  The Roles of Investment Bank
                     Investment banking is a special segment of banking operation that helps organisations
                     raise  capital  and  provide  financial  consultancy  services  to  them.  They  act  as

                     intermediaries between security issuers and investors and help new firms to go public.
                     Below are the major functions of the investment bank:


                       i.   Raising  Capital  &  Security  Underwriting;  Investment  banks  are  middlemen

                            between a company that wants to issue new securities or selling IPO to the public.
                            As an underwriter, investment bank assists the company from preparing of the

                            prospectus to listing of the securities at selected stock exchange. In that process,
                            they either buy all the available shares at a price estimated by their experts and

                            resell them to public or sell shares on behalf of the issuer and take commission
                            on each share.

                            Illustration below shows the whole process involves in IPO:







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