Page 38 - Introduction To Investment Management
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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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