The second quarter of the year witnessed a sizeable improvement in IPO
activity, both in volume and value, when compared to a single IPO
that raised $57.6 million in Q1 2019.
'In furtherance of PSE's financial inclusion initiatives, the first thing we did was to increase the maximum limit to P100,000 per IPO
. We then designed an online LSI platform that will make subscribing to IPO
's more accessible (even to investors in the provinces), efficient and convenient,' he added.
Investors had the option of physically submitting the IPO
applications at designated banks, using Electronic IPO
portals of designated Banks or using CES) of CDC.
Saudi Arabia lists two IPOs
in Q4 2018, plans for privatization of companies
Although the UAE did not witness corporate IPOs
on any of their exchanges, Dubai-based companies raised capital through IPOs
on international exchanges.
The population of this study is all IPOs
listed on Bursa Malaysia (official name to Malaysian Stock Market) from January 2000 to December 2015.
The Tunis Stock Exchange saw the IPO
of Tunisie Valeurs in Q3 2018 raising $7.6m, following a year-long gap of no activity.
The highest value IPO
in the quarter was the Mefic REIT Fund IPO
, listed on the Saudi stock exchange, which raised US$237.5mn.
Emerging markets contributed strongly to overall IPO
performance, with Indias Bombay and National exchanges recording a 14% increase in proceeds raised compared to Q1 2017 and a slight increase (5%) in terms of deal numbers (39 IPOs
activity in the MENA region is expected to gain momentum this year.
The Dubai Financial Market and Abu Dhabi Securities Exchange led GCC IPO
activity in the fourth quarter in terms of proceeds, with two major offerings, raising $2.2 billion - which was 88 per cent of total GCC proceeds.
Q4 2017 witnessed a total of eight IPOs
in Q4 2017 in the Gulf Cooperation Council (GCC), representing a notable increase compared to the previous quarter (Q3 2017: five), and raising a total proceeds of $2.5 billion, an increase of $2.3 billion compared to Q3 2017 ($234 million).
(Reuters) LONDON: The Saudi stock market, known as the Tadawul, remains the "dominant" Gulf player in attracting initial public offerings (IPOs
), according to a report published on Sunday by PwC.
were completed in the second quarter, raising some $13 billion.
BANKING AND CREDIT NEWS-August 15, 2014--US life sciences IPOs
outnumbered technology IPOs
in first half of 2014